Oil and gas opportunities growing in the Valley - 21 News Now, More Local News for Youngstown, Ohio -

Oil and gas opportunities growing in the Valley

Posted: Updated:
  • More NewsMore>>

  • Documents detail another delayed GM recall

    Documents detail another delayed GM recall

    DETROIT (AP) - General Motors waited years to recall nearly 335,000 Saturn Ions for power steering failures despite getting thousands of consumer complaints and more than 30,000 warranty repair claims, according to government documents released Saturday.The National Highway Traffic Safety Administration, the government's auto safety watchdog, also didn't seek a recall of the compact car from the 2004 through 2007 model years even though it opened an investigation more than two years ago and f...More >>
    DETROIT (AP) - General Motors waited years to recall nearly 335,000 Saturn Ions for power steering failures despite getting thousands of consumer complaints and more than 30,000 warranty repair claims, according to government documents released Saturday.The National Highway Traffic Safety Administration, the government's auto safety watchdog, also didn't seek a recall of the compact car from the 2004 through 2007 model years even though it opened an investigation more than two years ago and f...More >>
  • One injured during skydiving in Mercer County

    One injured during skydiving in Mercer County

    GROVE CITY, Pa. One person was flown by medical helicopter from Skydive Pennsylvania in Mercer County after a rough landing.Emergency crews responded to the skydiving center at Grove City Airport around 6:50 p.m. Saturday evening.21 News is told the victim's parachute did open, but the man was injured during the landing.His condition is not known at this time.More >>
    GROVE CITY, Pa. One person was flown by medical helicopter from Skydive Pennsylvania in Mercer County after a rough landing.Emergency crews responded to the skydiving center at Grove City Airport around 6:50 p.m. Saturday evening.21 News is told the victim's parachute did open, but the man was injured during the landing.His condition is not known at this time.More >>
  • Motorists reminded of more Amish buggies on the roads

    Motorists reminded of more Amish buggies on the roads

    LISBON, Ohio - Orange barrels won't be the only thing motorists will have to watch for while traveling throughout Columbiana County.  Vehicles are often using the same lanes as Amish buggies and localMore >>
    LISBON, Ohio - Orange barrels won't be the only thing motorists will have to watch for while traveling throughout Columbiana County.More >>

YOUNGSTOWN, OHio - Oil and gas exploration continues to present opportunities for business growth in the Mahoning Valley.

A new report reflects the impact the industry is having in the region, and it's just getting started.

The annual Valley Economic Update shows 118 projects involving economic development agencies, with investments totaling more than $400 million and 7,000 jobs created or retained, with oil and gas playing a significant role.

Sarah Boyarko, the Regional Chambers vice president for economic development, says Exterran is one example of a business indulging in the recent oil and gas projects with $13 million.

Others include Hilcorp and NiSource at $300 million and Chesapeake $900 million.

The Youngstown-Warren area is positioned in the heart of the Utica location, and is a gateway to Marcellus Shale.

Boyarko says more projects are already in the works.

"There's other ribbon cuttings pending for this year that are exciting news in the Valley," she says.

Vince Bevacqua of ShakeComm says more wells will mean more pipelines, processing plants and supply chain investments; so we're not even scratching the surface.

The Chamber and Bevacqua both say that shale development is going to be a game changer for the Valley.

"It is the opportunity we've been waiting for a couple of generations now to really latch on to and make a big difference economically in this area," says Bevacqua.

 

  • SpotlightSpotlightMore>>

  • Updated

    The Scrappers host “POPS at the Ballpark” featuring the Youngstown Symphony Orchestra

    The Scrappers host “POPS at the Ballpark” featuring the Youngstown Symphony Orchestra

    Tuesday, April 15 2014 2:04 PM EDT2014-04-15 18:04:57 GMT
    NILES, Ohio – The Mahoning Valley Scrappers and the Youngstown Symphony Orchestra are excited to host one of the Valley's premiere summer events, POPS at the Ballpark,More >>
    NILES, Ohio – The Mahoning Valley Scrappers and the Youngstown Symphony Orchestra are excited to host one of the Valley's premiere summer events, POPS at the Ballpark, presented by Stanley E. Shearer with Northwestern Mutual and 21 WFMJ on Saturday, August 23, 2014 at Eastwood Field.More >>
  • Around the WebMore>>

  • GM boosting China production capacity to 5 million

    GM boosting China production capacity to 5 million

    Sunday, April 20 2014 10:52 AM EDT2014-04-20 14:52:53 GMT
    Sales of GM-brand vehicles in China should reach 5 million next year, and Cadillac sales will double to 100,000, the president of General Motors said Sunday.More >>
    The president of General Motors said Sunday that the company and local partners are boosting production capacity for GM-brand vehicles in China to 5 million.More >>
  • Ohio couple married 70 years die 15 hours apart

    Ohio couple married 70 years die 15 hours apart

    Sunday, April 20 2014 9:03 AM EDT2014-04-20 13:03:14 GMT
    NASHPORT, Ohio (AP) - An Ohio couple who held hands at breakfast every morning even after 70 years of marriage have died 15 hours apart.Helen Felumlee (FEHL'-uhm-lee) of Nashport in central Ohio died April 12. She was 92. Her husband, 91-year-old Kenneth Felumlee, died April 13.The couple's children say the two met as teenagers and had been inseparable since then.The Zanesville Times Recorder reports (http://ohne.ws/1in7erG) that the pair married Feb. 20, 1944, and raised eight children.Their...More >>
    NASHPORT, Ohio (AP) - An Ohio couple who held hands at breakfast every morning even after 70 years of marriage have died 15 hours apart.Helen Felumlee (FEHL'-uhm-lee) of Nashport in central Ohio died April 12. She was 92. Her husband, 91-year-old Kenneth Felumlee, died April 13.The couple's children say the two met as teenagers and had been inseparable since then.The Zanesville Times Recorder reports (http://ohne.ws/1in7erG) that the pair married Feb. 20, 1944, and raised eight children.Their...More >>
  • Easter Bunny train sparks New Jersey brush fires

    Easter Bunny train sparks New Jersey brush fires

    Sunday, April 20 2014 8:31 AM EDT2014-04-20 12:31:46 GMT
    POHATCONG TOWNSHIP, N.J. (AP) - A train carrying the Easter Bunny in northwestern New Jersey has ignited several small brush fires.The Express-Times newspaper in Easton, Pennsylvania, reports the fires occurred Saturday in Pohatcong Township and Phillipsburg. No major property damage is reported. A firefighter from the New Jersey state forest fire service fell and dislocated his hip.Huntington Volunteer Fire Company Chief Peter Pursell tells the newspaper the diesel en...More >>
    POHATCONG TOWNSHIP, N.J. (AP) - A train carrying the Easter Bunny in northwestern New Jersey has ignited several small brush fires.The Express-Times newspaper in Easton, Pennsylvania, reports the fires occurred Saturday in Pohatcong Township and Phillipsburg. No major property damage is reported. A firefighter from the New Jersey state forest fire service fell and dislocated his hip.Huntington Volunteer Fire Company Chief Peter Pursell tells the newspaper the diesel en...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms