An economic analysis for Shale Crescent USA and the Ohio Oil and Gas Energy Education Association showed that increased gas output from Ohio, Pennsylvania and West Virginia has saved U.S. end-users about $1.1 trillion between 2008 and 2018.

“The energy savings have been significant across all sectors of the economy and is ongoing,” said Jerry James, CEO of Maritta, Ohio-based Artex Oil Co. and co-founder of Shale Crescent USA.

The analysis sought to establish what prices would have been without natural gas production from Northeast shale plays, which contributed 85% of the country’s gas production growth from 2008 to 2018. The “crescent” of Ohio, Pennsylvania and West Virginia would rank No. 3 in the world in gas production behind the U.S. (sans the crescent) and Russia, and ahead of Iran and Qatar.

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