Ohio Still Employs ~200,000 in Oil & Gas, Even Thru the Pandemic
There is no denying that permits issued to drill new wells in all of the Marcellus/Utica, including Ohio, have gone down over the past couple of years. Price is the main reason--the low price of natgas, that is. Even with all of the lower drilling budgets, less drilling, and (yes) layoffs, we spotted a statistic about Ohio that gives us encouragement. According to JobsOhio, the state's economic development agency, "about 200,000 Ohioans are employed by the oil and gas industry." That's great news!
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