In Ohio today, fear of the unfamiliar could stand in the way of progress, opportunity and continued economic recovery. Thanks to technological advancements, a vast, resource-rich formation far under Ohio’s surface now is being safely unlocked. The formation, called Utica Shale, could hold untold billions of dollars in American oil and natural gas.
Unlike the Marcellus Shale formation — which is located nearby in states such as Pennsylvania and West Virginia, is shallower, and only touches the eastern sliver of Ohio — Utica Shale rests deep inside Ohio’s border and represents an incalculable economic opportunity for the state and its people.
What stands between Ohio and these great resources? Fear...Crain's Cleveland Business