OOGA Tells Ohio to “Sit Tight” – 2016 Won’t be Pretty

We get a rather sobering assessment of the Utica Shale industry in Ohio from Shawn Bennett, executive vice president of the Ohio Oil & Gas Association (OOGA). Shawn tosses around phrases like “survival mode” and “significant turmoil” and “perfect storm” when talking about the Utica and what’s ahead in 2016. His advice? Ohio needs to “sit tight” and wait (and pray) for energy prices to rise. Here is what Shawn recently had to say about drilling prospects in Ohio for 2016…

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