Abundance of Natural Gas Powers Industry Growth
The Utica and Marcellus shale formations continue to yield large amounts of natural gas, natural gas liquids (NGLs) and crude oils. The abundance of sustainable, low-cost natural gas is one of Ohio’s top energy assets. Ohio is ranked first in polymer output and the No. 1 supplier of polyolefin. Companies in Ohio can leverage these energy advantages to power their business or develop downstream petrochemical products ranging from adhesives and coatings to a variety of chemical outputs. Take advantage of these assets in Ohio:
- Get the best price with a customized energy plan in Ohio's deregulated power market, including reliable electricity.
- Locate near the fast-growing Utica and Marcellus shale formations, which account for 85 percent of the growth in U.S. shale since 2012.
- Benefit from Ohio’s competitive business climate features low taxes, a favorable regulatory environment and a streamlined permitting process.
- Access low-cost and reliable energy, which cuts costs for high-energy consumers.