The latest Federal Reserve Beige Book indicates that fracking shale is changing the economy, an article in the digital news site Quartz says.
Quartz writes: "The Fed’s Beige Book is never really a stunner, as economic updates go. But reading the anecdotal round-ups from all of the Fed’s 12 district banks can really help you develop a sense of the prevailing economic winds.
"One big signal is coming out of America’s natural gas patches, where new technologies are allowing drillers and producers to tap into previously unreachable reserves of gas trapped in shale formations. The ripple effects are huge: Fracking, and the money that comes with it, is reshaping behaviors among borrowers, automotive mechanics, utility companies and coal miners, among others."
Read the whole thing here.
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.