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Doverbuck
Posts: 122
Jan 1, 2012 9:21am
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.
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
Posts: 8,153
Jan 1, 2012 9:32am
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
Posts: 6,844
Jan 1, 2012 9:37am
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?
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Con_Alma
Posts: 12,198
Jan 1, 2012 9:49am
What? He must not be very familiar with other areas of this country.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.
....
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Doverbuck
Posts: 122
Jan 1, 2012 10:00am
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.
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.
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Con_Alma
Posts: 12,198
Jan 1, 2012 10:22am
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.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.
thedynasty1998
Posts: 6,844
Jan 1, 2012 10:32am
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.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.
thedynasty1998
Posts: 6,844
Jan 1, 2012 10:35am
Also, I would imagine he said most millionaires in Ohio, and even that statement would be a stretch.
wes_mantooth
Posts: 17,977
Jan 1, 2012 10:36am
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
Posts: 16,754
Jan 1, 2012 10:47am
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;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.
wes_mantooth
Posts: 17,977
Jan 1, 2012 10:51am
eh, it is just youngstown....who cares!!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?
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Thinthickbigred
Posts: 4,148
Jan 1, 2012 10:53am
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
Posts: 2,295
Jan 1, 2012 10:59am
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
Posts: 16,754
Jan 1, 2012 11:06am
God hates Youngstown.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.
OSH
Posts: 4,145
Jan 1, 2012 11:58am
And imagine how much money the government will be making off the ridiculous taxes too.
bases_loaded
Posts: 6,912
Jan 1, 2012 11:58am
Ever since those two dikes kissed getting off the Navy ship, there have been an increase in earthquakes in NE Ohio...hmmmmYtowngirlinfla;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.
GoChiefs
Posts: 16,754
Jan 1, 2012 12:02pm
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
Posts: 6,912
Jan 1, 2012 12:19pm
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
Posts: 16,754
Jan 1, 2012 12:34pm
Where in that post did you see her say we shouldn't drill???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.
wes_mantooth
Posts: 17,977
Jan 1, 2012 12:53pm
fixedGoChiefs;1033109 wrote:Tebow hates Youngstown.
GoChiefs
Posts: 16,754
Jan 1, 2012 1:01pm
I thought that was pretty much implied?wes_mantooth;1033192 wrote:fixed
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fan_from_texas
Posts: 2,693
Jan 1, 2012 1:36pm
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.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.
believer
Posts: 8,153
Jan 1, 2012 2:10pm
Bullshit propaganda from the loony left. Well...OK maybe there's a link but let's not jump to conclusions just yet.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.
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.
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fan_from_texas
Posts: 2,693
Jan 1, 2012 2:38pm
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.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.
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queencitybuckeye
Posts: 7,117
Jan 1, 2012 3:08pm
Stop using facts, you leftist commie.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.