Spending among Ohio consumers slows as gas threatens to go even higher
Exxon and Chevron warn oil could hit $150–$160 a barrel as diesel stocks hit a 40-year low, while U-M sentiment data shows consumers already cutting spending.

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Exxon and Chevron warn oil could hit $150–$160 a barrel as diesel stocks hit a 40-year low, while U-M sentiment data shows consumers already cutting spending.

Lawmakers around 10 p.m. Wednesday nixed a vote on a data center package, aborting efforts to eliminate or lower a tax break that saved Big Tech $2 billion last year.

The bill cuts a $1.6 billion tax break in half and targets NDAs, but Sen. DeMora warns the rapid one-day timeline to a Senate floor vote will produce bad law.

Sen. Brian Chavez says legislation could clear an Ohio Senate committee within days, even as witnesses split on NDAs, sales tax breaks, and transparency rules.

The governor said the state can’t close its borders to data centers, but that local governments should ‘be aggressive’ in cutting deals with developers.

Google, Meta and Amazon each get sales tax exemptions worth $600 million apiece over 40 years, according to new data obtained by Signal Statewide. The long-term total could be “significantly higher,” officials say.

Tech giants faced skeptical lawmakers and fierce public opposition over nondisclosure deals, tax breaks, and power grid impacts.

Ramaswamy's own financial disclosure shows $768,968 in capital gains in 2025—the exact income his proposal would exempt from state taxes.

Chavez co-chairs the panel despite an unresolved ethics complaint alleging he hid energy sector stakes while advancing related legislation as Senate Energy Committee chair.

Ohio officials reject 120 years of climate science to approve fracking on public lands, ban renewables, and subsidize carbon capture—putting communities at risk.

Ohio's data center tax breaks have cost $1.6 billion more than projected, prompting lawmakers to introduce legislation phasing out the subsidy.

Residents demanded a data center moratorium, citing water contamination risks, secrecy through NDAs, and inadequate state oversight during the committee's only public hearing.

DeWine exempted the Cologix project from his moratorium announced days earlier, after the tax break's cost ballooned to $1.57 billion in 2025.

Google, Meta, and Amazon have deployed 51 lobbyists and spent $10,000 on ads as Gov. DeWine pauses tax breaks after discovering the exemption cost the state $1.6 billion in 2025.

Seven in 10 Americans oppose nearby data center construction, while dozens of cities enact moratoriums citing electricity costs and environmental concerns.

Seven in ten Americans oppose data centers in their neighborhoods, but Ohio regulators are weighing how to allocate costs as 77 new facilities are planned by 2030.

DeWine paused new tax exemptions after Signal Ohio revealed the state underestimated costs by over $1 billion, as a bipartisan committee launches its review.

The GOP nominee holds stakes in chip makers, cloud operators, and real estate trusts that would benefit from his control over JobsOhio, tax credits, and utility boards.

A Gallup poll found 71% of Americans oppose local data centers, as rural Ohio organizes a ballot initiative to ban large facilities and question Ramaswamy's central campaign promise.

Ramaswamy's company holds $1.1 billion in Bitcoin while he backs data center expansion that could drive Ohio's already-rising electric bills higher.
