Gas/Oil eastern Ohio boom

• Doverbuck

  I was listening to local financial anylist Bob Gorgas of Edward Jones, He said Eastern Ohio will have more millionaires than anywhere else in the U.S.A. as a result of the boom.
  
  A well drilled in Harrison county is producing 9.5 million c.f. per day or 1425 barrels of natural gas liquids or 3010 barrells of oil equivalent.,2 wells drilled in Carroll county are producing similar numbers. 1 well has been drilled in Tusc county with a 2nd started,more to come.
• believer

  

  Let's hope this boom is sustained and becomes the single biggest economic benefit to eastern Ohio in history. The state needs it and eastern Ohio in particular needs it.
• thedynasty1998

  

  Doverbuck;1033050 wrote:I was listening to local financial anylist Bob Gorgas of Edward Jones, He said Eastern Ohio will have more millionaires than anywhere else in the U.S.A. as a result of the boom.
  
  A well drilled in Harrison county is producing 9.5 million c.f. per day or 1425 barrels of natural gas liquids or 3010 barrells of oil equivalent.,2 wells drilled in Carroll county are producing similar numbers. 1 well has been drilled in Tuck county with a 2nd started,more to come.

  
  Bob Gorgas is a moron then. Has be ever heard of New York City?
• Con_Alma

  Doverbuck;1033050 wrote:... He said Eastern Ohio will have more millionaires than anywhere else in the U.S.A. as a result of the boom.
  
  ....

  What? He must not be very familiar with other areas of this country.
• Doverbuck

  Bob Gorgas is pretty well respected and has been at his job for decades,not talking about a fly by nighter.
  How many NYC millionaires officially call NYC home as opposed to having a home in NYC?
  
  Honestly if that statement is 100% wrong we are still facing some changing times,for the better.
• Con_Alma

  Doverbuck;1033072 wrote:Bob Gorgas is pretty well respected and has been at his job for decades,not talking about a fly by nighter.
  How many NYC millionaires officially call NYC home as opposed to having a home in NYC?
  
  Honestly if that statement is 100% wrong we are still facing some changing times,for the better.

  Such changes can be certainly be made aware to us by a "well respected person" in a more accurate way than exaggerated claims of volume of individual wealth compared to other areas.
• thedynasty1998

  

  Doverbuck;1033072 wrote:Bob Gorgas is pretty well respected and has been at his job for decades,not talking about a fly by nighter.
  How many NYC millionaires officially call NYC home as opposed to having a home in NYC?
  
  Honestly if that statement is 100% wrong we are still facing some changing times,for the better.

  I hope you're not trying to defend the statement. Will it be a boom for the economy? Surely. But I doubt many of these "millionaires" call eastern Ohio home.
• thedynasty1998

  

  Also, I would imagine he said most millionaires in Ohio, and even that statement would be a stretch.
• wes_mantooth

  

  Even though the up front money is peanuts compared to what the actual drilling royalties will bring, I already know two families that are now millionaires because of the size of their farms. This is def the best thing to ever happen to this part of the state.
• GoChiefs

  

  wes_mantooth;1033091 wrote:Even though the up front money is peanuts compared to what the actual drilling royalties will bring, I already know two families that are now millionaires because of the size of their farms. This is def the best thing to ever happen to this part of the state.

  Bullshit. It's going to be the end of us. Don't you know this is what's causing all the earthquakes in the Y'town area?
• wes_mantooth

  

  GoChiefs;1033093 wrote:Bullshit. It's going to be the end of us. Don't you know this is what's causing all the earthquakes in the Y'town area?

  eh, it is just youngstown....who cares!!
• Thinthickbigred

  I just want to see more jobs produced and satalite businesses. Then better infrastructure such as roads, and better schools and, just a better overall look in the community . Thats when the reality will really hit
• Ytowngirlinfla

  

  Hmmm they start drilling and NE Ohio sees more earthquakes then ever. I just hope something serious doesn't happen in Ytown since it seems the earthquakes keep hitting close by.
• GoChiefs

  

  Ytowngirlinfla;1033105 wrote:Hmmm they start drilling and NE Ohio sees more earthquakes then ever. I just hope something serious doesn't happen in Ytown since it seems the earthquakes keep hitting close by.

  God hates Youngstown.
• OSH

  

  And imagine how much money the government will be making off the ridiculous taxes too.
• bases_loaded

  

  Ytowngirlinfla;1033105 wrote:Hmmm they start drilling and NE Ohio sees more earthquakes then ever. I just hope something serious doesn't happen in Ytown since it seems the earthquakes keep hitting close by.

  Ever since those two dikes kissed getting off the Navy ship, there have been an increase in earthquakes in NE Ohio...hmmmm
• GoChiefs

  

  bases_loaded;1033154 wrote:Ever since those two dikes kissed getting off the Navy ship, there have been an increase in earthquakes in NE Ohio...hmmmm

  
  Oh snap! You sure showed her! You got her good! :rolleyes:
• bases_loaded

  

  Get tired of people using every damn excuse to not tap into OUR resources. Prices continue to rise, the economy is shit, Iran is being a dick head...its time to focus on energy independence.
• GoChiefs

  

  bases_loaded;1033169 wrote:Get tired of people using every damn excuse to not tap into OUR resources. Prices continue to rise, the economy is shit, Iran is being a dick head...its time to focus on energy independence.

  Where in that post did you see her say we shouldn't drill???
• wes_mantooth

  

  GoChiefs;1033109 wrote:Tebow hates Youngstown.

  fixed
• GoChiefs

  

  wes_mantooth;1033192 wrote:fixed

  I thought that was pretty much implied?
• fan_from_texas

  Ytowngirlinfla;1033105 wrote:Hmmm they start drilling and NE Ohio sees more earthquakes then ever. I just hope something serious doesn't happen in Ytown since it seems the earthquakes keep hitting close by.

  There are some very real concerns with drilling/earthquake linkage. If they can get it figured out and make it safe, it could be a boon for NE Ohio.
• believer

  

  fan_from_texas;1033248 wrote:There are some very real concerns with drilling/earthquake linkage. If they can get it figured out and make it safe, it could be a boon for NE Ohio.

  Bullshit propaganda from the loony left. Well...OK maybe there's a link but let's not jump to conclusions just yet.
  
  The environmentalist nut jobs who want us all to drive horse & buggies will no doubt see the linkage between the earthquakes and the drilling. I want to see a lot more proof than theory, guessing, and assumption.
  
  Let's stop shooting ourselves in the foot and wean ourselves off sources like the Sharia Freaks in Iran and the Middle East.
  
  People before spotted owls.
• fan_from_texas

  believer;1033298 wrote:Bull**** propaganda from the loony left. Well...OK maybe there's a link but let's not jump to conclusions just yet.
  
  The environmentalist nut jobs who want us all to drive horse & buggies will no doubt see the linkage between the earthquakes and the drilling. I want to see a lot more proof than theory, guessing, and assumption.
  
  Let's stop shooting ourselves in the foot and wean ourselves off sources like the Sharia Freaks in Iran and the Middle East.
  
  People before spotted owls.

  I'm not jumping to conclusions, and you're either dishonest, misinformed, or uninformed if you write off these concerns without admitting that there are serious potential issues. I'm all for shale drilling, but it's important to be responsible about it, and there's real concern about drilling resulting in dramatically increased seismic activity. Let's continue to advance, but be aware of the issues and make sure the trade-offs are worth it.
• queencitybuckeye

  fan_from_texas;1033333 wrote:I'm not jumping to conclusions, and you're either dishonest, misinformed, or uninformed if you write off these concerns without admitting that there are serious potential issues. I'm all for shale drilling, but it's important to be responsible about it, and there's real concern about drilling resulting in dramatically increased seismic activity. Let's continue to advance, but be aware of the issues and make sure the trade-offs are worth it.

  Stop using facts, you leftist commie.