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‘A New Direction’ for Ohio Valley

February 26, 2013

WHEELING — There’s no mistaking it — the Upper Ohio Valley is headed in a new direction....

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(15)

Hefner

Feb-26-13 7:23 AM

If one is not mistaking the direction of the Ohio Valley in general, and Wheeling in particular, from observation, from keeping abreast of the news, and from following the path local government is pursuing one cannot help but conclude that unfortunately the "New Direction" is neither of hope or prosperity but rather is of accepting that the dismal state of affairs that currently exist will only worsen.

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daWraith

Feb-26-13 8:10 AM

A NEW road to }{ell! Just a 20 year detour from the inevitable!

Once the Hurricane Marcellus blows away there will be:

1) A few hundred Marcellus millionaires who made out like a bandit. Buy a house in a warmer climate and leave, spending their money ELSEWHERE!

2) Landlords and SOME business owners who profitted well FOR A WHILE from the huge temp worker and construction jobs.

3) Maybe a few thousand permanent jobs in the gas and oil industry that pay quite well.

4) But, Average Joe will see property values go down and continuing population drain from the valley, continuing poverty neck. I see 26003 at 20K by 2020, the whole valley a ghost town by 2030.

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acousticportal

Feb-26-13 8:22 AM

Make the best of the situation. Strive for jobs that ARE available and viable.

Wraith's hopes for the Ohio Valley are well known and based on her inability to survive and thrive here. Her comments are amusing at best, but of no actual content or consequence.

Have a great day!

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Hefner

Feb-26-13 8:42 AM

The Marcellus Shale drilling is not the end all cure all that some would have you believe. Unlike coal, once the well is drilled, the well will be capped and only revisited when it will be profitable to harvest the gas. Wells are being capped now. The boon the OV has enjoyed is fleeting and the initial surge of buying drilling rights will soon dissipate.

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CTMountaineer

Feb-26-13 9:44 AM

Local government has some chance to benefit from this. Let's hope Kessler's attempts to write into state law provisions that tax money from natural gas extractions are returned to the counties where the gas is taken are successful. If they are not, and the southern West Virginia politicos get their way, it will go to the state's general fund where they can much more easily rip it off.

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IworkinPAnow

Feb-26-13 9:53 AM

JOBS.

If anyone thinks the oil and gas industry is going to solve the employment problems of this area than they were as misinformed as I originally was. A community will not "GROW" in "A New Direction" if there are not jobs here to anchor people to the area. Once people work here and live here they spoend their money here.

Oil and Gas workers may live here, but 3/4 of their paycheck goes back to Texas, Louisianna, (enter any state except WV, PA, OH) how is this building community? It is building a temporary crutch, and when it is gone we fall further back as a community.

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daWraith

Feb-26-13 12:24 PM

Acoustiahole, those who can, get up, LEAVE, and DO.

Those who can't stay in Wheeling whining for Mo' Welfare and badmouthing outsiders.

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atoddh

Feb-26-13 12:46 PM

wraith is very correct.However gas will provide just a couple hundred jobs at most.Hefner should note the money is in the liquids from the OV shale;not methane.The big land owners will be the big winners.The County could make a difference, if they elect to finance manufacturing starts with their gas money.

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wvhoopie2

Feb-26-13 1:52 PM

It is the same old ideas for change the government grows and grows and the people are taxed more and more. Corporations get free passes and move on while the citizens end up with more taxes. B&O tax on the businesses are not always bad. Ohio has decided it is time to tax lawyer, CPA’s, and many more business avoiding taxes under the radar. At least a B&O tax keeps the money in the city.

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promo61

Feb-26-13 5:13 PM

A house in my neighborhood was purchased recently by a family from out west whose income relies on the energy industry. They must feel they will be here awhile to commit to buying instead of renting. Of course I realize "awhile" is a relative term.

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daWraith

Feb-26-13 7:09 PM

Whoops, who lit the fuse on your tamp*n?

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IworkinPAnow

Feb-26-13 11:51 PM

promo- most likely when they move on they will rent it to more short-timers until the property becomes unlivable. Then a burden on tax payers to demo it.

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atoddh

Feb-27-13 12:12 AM

whoops:The County will have equity money for new starts, if they elect to do so."Money walks."It is the only hope for turning the OV around:money poured into new area light manufacturing starts that create quality skilled,semi skilled,tech and management jobs.

Banks can not make 100% loans and usually not operating money.Equity is always a problem.If it is offered by Ohio County by a venture fund business will come.The County(thus the public) would be a shareholder. Only way for any growth:buy it.

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atoddh

Feb-27-13 12:16 AM

promo:There will be some quality jobs. Wheeling should have purchased the WS building,rehabed it and given it to Chesapeake to locate Downtown vs blowing millions on ball parks and demolitions.Nothing has resulted in jobs or growth Downtown from the millions upon millions spent.

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LogHog

Feb-27-13 8:35 AM

the oil and gas surge has brought a large influx of cash to the area..I know of several people that have started up family businesses with the funds...just as it was before this cash came, it remains to be seen how many will remain in ten yrs. If they are well managed they will be ok and new jobs will be added..But if they try to run theirs like Ormet and the fed and state govts. then the same results will come...bankruptcy and ripping of the general public....a few millionaire and millions of poor people

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