$4.2B Invested in OH Utica First Half 2020; Downstream Explodes
Each year Cleveland State University publishes a report for JobsOhio looking at how much money has been invested by the private sector in the Utica Shale (and related) industry. CSU’s ninth Shale Investment Dashboard report (full copy below) was recently released and shows some eye-popping numbers. Total shale investment in upstream, midstream, and downstream from January through June (1H) 2020 was $4.2 billion, up 37% from $3.06 billion invested in July through December (2H) 2019. However, there are some key differences in the spending between the two periods.
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