As we’ve previously reported, a fracking ban in Ohio would be devastating to the economy. Recently, the Heartland Institute wrote a comprehensive piece on exactly why it would be a terrible plan.
“The development of the Utica shale play in Ohio has turned the state into the fifth-largest producer of natural gas in the United States. This massive increase in domestic shale development, led by fracking, has caused natural gas prices to plummet in Ohio, saving state residents and businesses more than $40 billion from 2006 to 2016, according to a September 2018 study from the Consumer Energy Alliance. This is backed up by a September 2019 report prepared by Kleinhenz & Associates for the Ohio Oil and Gas Energy Education Program showing total savings thanks to fracking for Ohio residents from 2008 to 2018 amounts to $45 billion.”
Read more – The Heartland Institute