New Report: Ohio Sees 96 Percent Increase in Oil and Gas Jobs

By -
by Jackie Stewart, Energy in Depth

The State of Ohio Department of Jobs and Family Services (ODJFS) recently issued its Quarterly Economic Trends for Ohio Oil and Gas Industries report, which included employment statistics from 2011 Q1 to 2015 Q2. According to the state employment and wages records, shale development accounts for a 96 percent increase in direct shale-related jobs in Ohio.
In fact, as this chart shows, since 2011, each year shale pumped (on average) 183, 936 jobs into the Buckeye State.

The ancillary shale-related industry, (approximately 30 identified industries that support shale activities) also increased by 8 percent, adding thousands of jobs as well.
These staggering statistics compelled Ohio Department of Job and Family Services Director, Cynthia Dungey to say:
“Oil and gas drilling has only recently begun to accelerate in Ohio, and already many families and communities have begun to see a positive impact. Ohio is fortunate to have this natural resource that can provide good jobs for families and reinvigorate many of our communities, especially those in the eastern part of the state.”
Shale Brings New Business Establishments
With this many jobs, it’s not surprising that business establishments in Ohio received a boost as well. According to the report, shale related businesses establishments grew over 42 percent since 2011, thanks to demand brought directly from fracking.
Last year, Ohio received the largest boost yet, with 13, 798 businesses being brought into the state. As exciting as this news is, we know that the real economic drivers are just starting in Ohio, as EID has reported many times, the real job growth is yet to come. The state’s report also echoed our analysis, as last year’s numbers are just now starting to show the impact from pipeline construction, compressor stations, and natural gas fired power plants, as well as a host of other ancillary shale-related industry needs.
Shale Jobs Pay 38 Percent More Than Average Ohio Job
Shale jobs pay (on average) $75,071, where the average wage for all Ohio industries is $46, 393. In other words, those who work in shale-related jobs earn $28,678, or 38 percent more than any other (average) job in Ohio.

Shale Economic Impact Benefits Entire State, Not Just “Shale” Counties
EID reported last year that shale development was in fact driving unemployment down throughout the state.  Shale counties saw a 66 percent decline in total unemployment since 2010, which contributed largely to the overall decrease in the state’s unemployment.  A year later, this new report from ODJFS confirms our analysis.
As the graph below shows, the ancillary shale-related industries that received a lot of benefits from oil and natural gas development are not in the Northeast or Southeast region of the state. These industries are located in the Central region of the state, where there has not been a surge of drilling activity or pipeline construction. This reality proves that while shale production may be occurring in the southeastern portion of the state, the staggering natural gas production coming from “shale counties” benefits all of Ohio, not just a handful of counties where drilling activities are taking place.


Preparing for the Jobs of Tomorrow
The report also highlighted the vast employer demand from the oil and natural gas industry. In fact, Ohio had 277,416 jobs posted online over the past few months, which was an increase of 24,424 from the same period of time in 2014. In addition to apprenticeship training programs,community colleges, and programming specific to industry needs, new Utica Shale Academieshave started in high schools around the state. The Utica Shale Academy uses online and in-classroom teaching to train students for various aspects of oil and gas work.
Recently, EID had a chance to speak to a group of students about these amazing opportunities in Belmont County. Austin Sadler, one of the first graduates of the Utica Shale Academy landed a local job directly out of school, with Express Energy Services. This graduate incurred no debt for his training/college and is now gainfully employed locally by the oil and gas industry. As Sadlerexplained,
“I really didn’t know what I was going to do in my future, so I thought I’d give (Utica Shale Academy) a try, and I really enjoyed my experience. I am very excited to start working in this industry and for the opportunities ahead of me because there are so many places to advance and different directions to go.”




Economic stimulus, of course, brings more jobs, and with it more tax revenue for state and local governments as well. For Monroe County, for example, that has meant an increase in tax revenue of over 340 percent! By all measures, there’s simply no denying that Ohio’s Utica shale development continues to be “pretty amazing”.
Copyright Energy in Depth. Reprinted with permission. View original article:  http://energyindepth.org/ohio/new-report-ohio-sees-96-percent-increase-in-oil-and-gas-jobs/

Connect with us on Facebook and Twitter!

Popular posts from this blog

Fracktivist in Dimock Releases Carefully Edited Video, Refuses to Release the Rest

By -
Image
From Energy in Depth: There is something very strange going on along Carter Road, in Dimock, Pennsylvania, and I’m not speaking of natural gas, methane migration, contamination, litigation or even the extensive water testing there by the EPA and others.  No, I’m talking about a new “Watergate” conspiracy, complete with 18 minutes of missing tape (well, video, actually). It seems the ever-present Green Party member and  naturist   Vera Scroggins  (a/k/a  Vera Duerga ) has posted a video of Craig Sautner meeting with the EPA.  Mysteriously, the video is but 14 seconds in length, cutting off conversation in what is obviously mid-stream.  It raises a question Craig Sautner, like  Ronald Reagan in Kings Row , might have asked, “Where’s the rest of me?’  Carter Road, isn’t Kings Row, of course, (at least not until you arrive at  the mansion Scott Ely, one of the Dimock litigants, is building with his royalty money ), but there appears to be...
Read more

The Second Largest Oil and Gas Merger - Cabot and Cimarex

By -
Image
       Due to investor pressure, the U.S shale drillers are being pushed to improve financial and operational performance after a few years of poor returns. Even though the industry has improved its numbers, when compared to last year, investors still want more to be done for them to earn more money.      That's why two mid-tier shale drillers, Cabot and Climarex, have decided to merge in order to eliminate $100 million in annual costs, which means more money for the investors. This all-stock transaction is valued at about $7.4 billion, which is relatively high for the oil and gas sector.      The new entity will be renamed and the headquarters located in Houston, Texas. Cabot shareholders will own 49.5 percent of the new entity, and Climarex the rest.       The Cimarex-Cabot merger will address the investor's demand for a higher amount of returning cash. The initial plan is to pay a 50-cent-per-share special dividen...
Read more

Do You Know The History of Fracking?

By -
Image
  In 2018, 59% of total oil production in the U.S came from hydraulic fracking, which means it accounted for more than two-thirds of domestically manufactured gas. By 2024, fracking will reach an astounding $68 billion market value! Of course, fracking is not a new drilling method as you can trace it back hundreds of years. That's why we want to consider the history of hydraulic fracturing (fracking). We will be stating historical facts about it and focusing on the major historical occurrences that have influenced modern-day fracking. Pre-Fracking Days The idea of fracking started back in 1862 when Edward A.L. Roberts (Civil War veteran) witnessed Confederate soldiers exploding artillery rounds into a canal that obstructed a battlefield. At the time, Edward A.L. Roberts called it superincumbent fluid tamping. On April 26th, 1865, Edward A.L. Roberts began experimenting with exploding torpedoes, which consisted of lowering a torpedo containing an amount of powder from fifteen to tw...
Read more