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Dr. Iryna Lendel

Buckhorn Lecture: Dr. Iryna Lendel

"Economic Potential for the Ohio Utica Shale Development: Plans and Reality"

Tuesday, October 16 at 8 p.m.

Strosacker Hall Union, Sandstone 3

120 E. Grand St., Berea 

440-826-2325

Boom or Bust? Is Ohio's Shale Oil and Gas Industry Full of Promise or False Hope?

Will Utica shale bring jobs, wealth and prosperity to Ohio? The Buckhorn Chair Lecture at Baldwin Wallace University will explore the reality behind the first solid numbers on this much-hyped economic "gold mine."

One of the most talked about economic frontiers in Ohio is the development of the state's Utica shale gas resources. Although the industry is in its infancy, that's expected to change within the next two years. The Columbus Biz Insider recently quoted a panel of experts as predicting a bright future for shale oil and gas in the Buckeye State, as "some of the world’s largest energy companies pick up the pace of drilling and processing oil and natural gas extracted from the Utica play."

The prospects and possibilities of this burgeoning industry will be the focus of this semester's Buckhorn Lecture on Tuesday, October 16 at 8 p.m. in the Strosacker Hall Union, Sandstone 3, 120 E. Grand St., Berea. "Economic Potential for the Ohio Utica Shale Development: Plans and Reality" will be presented by Dr. Iryna Lendel, a research economist and analyst, who is affiliated with the Center for Energy Policy and Applications and worked as the principal co-investigator assessing the economic impact of the Utica Shale development in Ohio. The lecture is free and open to the public.

Lendel's presentation will focus on the main assumptions and results of CSU’s study of the Utica Shale economic potential for Ohio, 2012-2014.  Lendel will deliberate on the direct and multiplier-based effects on employment, output, value added and labor income; will discuss the first reported numbers on drilling and production of oil and gas in Ohio; and will outline the opportunities for supply-chain industries, both locally and globally.

Lendel also serves as assistant director of the Center for Economic Development at the Maxine Goodman Levin College of Urban Affairs, Cleveland State University, and as an assistant editor of Economic Development Quarterly.

Posted 10/2012

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