Euro-fracking a no-go

Some interesting analysis from our friends at The Economist on the perception of natural gas extraction in Europe — it is not good. Typical not in my backyard policy has resulted in wasted resource potential across the continent, at a time when they need natural gas as badly, or perhaps worse, than here in the US. Euro gas prices (petrol and other) are, on average, quite a bit higher than...
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Ohio’s Fracking Windfall

Though the reports are merely estimates, there is quite a bit of value added through the natural gas extractions being pursued in our state. The latest from The Dispatch puts the figures at slightly more than $180 million. Take a look at the line items and locations...
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Keeping spending in check

Governor Kasich has set the tone for fiscal responsibility in Ohio state government, now he is reinforcing the message. Kasich’s budget folks, including director Tim Keen, have recognized that the current recovery is both fragile and slow. Accordingly, they’ve asked state agencies to prepare for consistent spending levels in the next biennial budget, while also being ready to cut 10%...
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Mandel Leading in Drilling, Jobs Dialog

Late last week GOP Senate candidate Josh Mandel warned of radical outside environmental groups hindering jobs progress here in Ohio. Delivered at a business round table type of event, Mandel displayed leadership by committing to the gas drilling dialog and its potential for job creation. Mandel points the finger at Hollywood and Madison Avenue for the source of this unwelcome influence, and is...
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Additional Rules Could Impose on Energy

Further disclosure rules were put through the Ohio Senate yesterday. Read about it here.
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Chesapeake, Exxon, Chevron and Marathon

The Dispatch reports today that the Ohio Ethics Commission has issued a warning to Robert Chase, who sits on the Ohio Oil and Gas Commission. Chase has vast experience in the oil and gas industry, and heads the Department of Petroleum and Geology at Marietta College. The reasons for his appointment are clear: he knows the industry back and forth, which qualifies him for the position. He also has...
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