Study: Crude exports yield big economic benefits for Ohio

May 29, 2014

Columbus, Ohio, May 29, 2014 ─ A new state-by-state analysis shows that Ohio could add up to 15,948 jobs and $2.68 billion to the state economy in 2020 if federal restrictions on U.S. crude exports were lifted, said Executive Director of the API-Ohio Chris Zeigler.

"The U.S. is poised to become the world's largest oil producer, and access to foreign customers will drive job creation here in Ohio and around the country," said Zeigler. "When it comes to crude oil, the rewards of free trade are amplified wherever energy, manufacturing, and consumer spending drive growth. American energy exports mean new jobs, higher investment, and greater energy security."

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