Ohio oil and natural gas drilling permits down 44%

The slump in Ohio’s oil and natural gas industry led to a 44% decline in drilling permits in 2016, reports Columbus Business First. Citing a new analysis by the Ohio Oil and Gas Association, the newspaper says 561 permits were issued last year, down from 997 in 2015. Business First says the drop is even more severe when compared to 2014, when 1,659 permits were issued at the peak of the Utica shale boom. For more, read the full story.