Monday, November 12, 2012

Obama Reelection Stirs Concerns That Utica Shale Economic Impacts Will Be Stifled

From the Coshocton Tribune:
Despite millions of jobs lost across the country over the past four years, area counties show unemployment rates relatively unchanged and trending back up after a precipitous fall during the Great Recession. 
But federal regulations and rule making proposed during President Barack Obama’s first term are set to take effect in his second, affecting existing and emerging sources of energy and could affect job creation. 
The downside 
As a small business owner, Kelly Moore said she had a very bad night realizing President Obama would be re-elected Tuesday. 
The co-owner of four NAPA Auto Parts stores in Muskingum (Dresden and Zanesville) and Coshocton (Coshocton and West Lafayette) counties, Moore has spoken out for the past year about how new and pending regulations on energy development, health care and consumer products will hurt small business across the country.
Read the entire article here.

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