September 18, 2012
Dismal jobs reports and high unemployment continue to weigh down the U.S. economy, but there are a few bright spots. Most notable among them: energy production, particularly the shale oil and shale gas revolution.
The technological one-two punch of horizontal drilling and hydraulic fracturing has created a remarkable energy boom and created hundreds of thousands of jobs. Ohio is no stranger to energy production. Thanks to these technological developments, the state’s economic outlook is much brighter — so long as the federal government stays out of the way.