The Economy & Business

Business & Technology
7:32 am
Wed August 24, 2011

USGS boosts amount of Marcellus Shale gas reserves

karathepirate

PITTSBURGH(AP) - The U. S. Geological Survey says the Marcellus Shale region contains some 84 trillion cubic feet of undiscovered, recoverable natural gas, far more than thought nearly a decade ago.

Tuesday's figure is much higher than the last government assessment in 2002, which suggested about 2 trillion cubic feet of recoverable gas.

The USGS says the estimate came from new information about the gas-rich formation underlying New York, Pennsylvania, Ohio and West Virginia. Technical improvements in how wells are drilled also contributed to the new estimate.

Read more
Business & Technology
5:17 pm
Tue August 23, 2011

Ohio investors warned to be smart, not fearful

The volatile stock market and the recession have brought lots of new customers to a business that didn’t need any. Ohio Public Radio’s Karen Kasler has details.

Read more
Business & Technology
7:44 am
Tue August 23, 2011

Rural US sharing fed money for broadband Internet

RICHMOND, Va. (AP) - Telecommunications companies in Ohio and 15 other states are sharing more than 103 million dollars in federal funding to help expand broadband Internet access to rural America.

Business & Technology
12:19 pm
Mon August 22, 2011

Small business group backs Ohio's new union law

COLUMBUS, Ohio (AP) - Ohio's largest small business association is throwing its support behind a campaign that is defending the state's contentious new collective bargaining law against a repeal effort on the November ballot.

The law signed by Gov. John Kasich in March bans public employee strikes and restricts collective bargaining abilities for public workers.

The National Federation of Independent Business in Ohio said Monday its membership overwhelmingly supports upholding the law.

Read more
Business & Technology
8:42 am
Mon August 22, 2011

Natural gas driller opens office in northeast Ohio

karathepirate

CANTON, Ohio (AP) - An energy company tapping a major natural gas deposit in eastern Ohio has opened an office in Canton and expects to create more than 70 jobs.

The (Canton) Repository reports today *Friday* that Chesapeake Energy will use the office as an interim operations base until it finds a permanent field office for drilling in the Utica shale formation. Last month Oklahoma City-based Chesapeake Energy said it believes the 1.25 million acres it has leased above the Utica Shale formation in eastern Ohio is worth 15 to 20 billion dollars.  

Pages