OH Business Roundtable Report: Build New Pipelines NOW

brt-logoThe Ohio Business Roundtable (BRT) is a partnership of the CEOs of leading Ohio companies that collectively account for more than $1 trillion in annual revenues, $1 trillion in market value and $2.6 trillion in assets. BRT’s members employ 2.6 million men and women, invest hundreds of millions of dollars annually in combined charitable contributions and research and development, and generate billions of dollars in sales for small and medium-sized businesses that are part of the supply chain. When the BRT in Ohio talks, people had better listen. Here’s the latest in what the BRT has to say: The state (i.e. Gov. Kasich) needs “a comprehensive reworking of the state’s energy policies in order to accelerate shale gas development.” No more tiptoeing around. Build those pipelines and build them NOW. That’s the upshot of a new report from the BRT titled, “Improving Ohio Energy Competitiveness” (full copy below). The report is backed up by detailed research from powerhouse consulting company McKinsey and Co. (their research is also embedded below). The BRT’s report points out the importance of the state’s natural gas-fired electric generating plants and says without more pipelines, new power plants won’t get built. The two issues are joined at the hip–vitally important for Ohio’s shale drillers, midstream companies, electric generators and yes Ohio’s electric ratepayers as well. LISTEN UP: Here’s what the BRT had to say…

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