Libya Floods
September 14th, 2023. Libya floods killing over 10,000 people, are said to only get worse with a possible casualty count of 20,000. Around midnight in Eastern Libya, two dams gave way spilling into the streets and homes of hundreds of families. That night, locals were sure the dams would hold as they’d seen before in 2011, where 414 mm of rain had fallen in under 24 hours. Both collapsed around three in the morning, sounding alarms and panic throughout all of Libya. After the waters made their way through the cities, hospitals reported just under 4,000 deaths, but at least 11,300 are dead. Along with the casualties, over 10,000 are still reported missing.
FedEx Leaves Green-
Local- The FedEx Custom Critical business is moving from Boettler Road to Richfield next year, releasing 670 employees and losing tax revenue. The company has a FedEx Freight and Packaging operation already in Richfield, so the village is excited to welcome the new employees this business will bring. Although the FedEx Custom Critical will bring $15 million dollars of payroll and 225 employees to Richfeild, Mayor Neugebauer expressed disappointment. Neugebauer confirmed that as part of a Summit County intergovernmental agreement, FedEx will continue to receive tax revenue. Green will receive 50% of income tax revenue brought in from the new location, but that amount will decline over five years until Green eventually receives no money from the company. Similarly, Green lost another large employer Yellow Freight, due to bankruptcy that affected about 100 employees.
Drilling at Salt Fork-
State- A Texas based oil-drilling company offered the state a two billion dollar deal for leasing rights to start drilling in Salt Fork State Park. Encino Energy proposed a deal that would have raised two billion dollars over a 15 year period, with a $115 million signing bonus. The company would have been the first ever to drill oil and gas in Ohio’s largest state park. The company claims that they can produce 69 million barrels of oil and 375 billion feet of natural gas after 18 years. Ohio rejected the offer made by Encino Energy, but is expecting more offers from other companies since a new Ohio state law made it possible for companies to drill under state parks.
