Fracking Ban Could Cost Ohio $245B, US Chamber Reports

YOUNGSTOWN, Ohio – Should hydraulic fracturing be banned, Ohio could see the loss of 700,000 jobs and a $245 billion reduction in gross domestic product, according to a report from the U.S. Chamber of Commerce’s Global Energy Institute. The report, released Thursday, examines the impact of a hypothetical nationwide ban in 2021 on fracking, finding it “catastrophic.” Nationally, four years after such a ban would be enacted, it would eliminate 19 million jobs, reduce national GDP $7.1 t

Want to continue reading?

Subscribe to The Business Journal

Just $24/year (digital only) or $42/year (print + digital) will get you full access to all of our articles every month.

Subscribe Today

Copyright 2022 The Business Journal, Youngstown, Ohio.