Utica shale should trigger manufacturing boom, speaker says
Ohio can leverage its abundant and affordable supplies of natural gas from shale to spark a manufacturing renaissance in the Buckeye State and across the country, American Chemistry Council (ACC) President and CEO Cal Dooley said Thursday at a 21st Century Manufacturing Task Force hearing at a local DuPont facility.
“Ohio is uniquely positioned to capitalize on shale gas development that will kick start its economy, rejuvenate the industrial base and create thousands of jobs,” Dooley testified. Access to untapped supplies of natural gas is one of the most important domestic energy developments in 50 years.
Given its enormous shale gas resources, Ohio, with 43,000 people employed in the chemical industry, is attracting strong interest from ACC member companies looking to expand and build new manufacturing facilities. An ACC study found that a new petrochemical plant in Ohio would generate $7.5 billion in chemical industry output in the state, $1 billion in Ohio wages, $169 million in state tax revenue and 17,000 Ohio jobs in chemistry and supplier industries. Tens of thousands of other manufacturing jobs are supported by the chemical industry. Low-cost ethane has given the chemical industry an enormous advantage over foreign competitors who use a different manufacturing process based on oil.
Mais au Québec, Martine Ouellet et Daniel Breton, les ministres de la régression économique et de l’éco-catastrophisme, ont dit « niet, niet, niet » au gaz de schiste. Au Québec, on est pauvre et on aime ça.
C’est plus facile de blâmer les Albertains pour les ratés de notre secteur manufacturier que de se prendre en main…