Study reveals massive job impact of oil, gas industry to US

 Aug 11 2017
Photo courtesy North American Shale
The American Petroleum Institute has released a new study showing that the natural gas and oil industry supported 10.3 million U.S. jobs and added $1.3 trillion to the nation’s economy in 2015. The study found that jobs supported by the industry increased by 500,000 since 2011 and showed that all 50 states, whether producing or non-producing, continued to benefit from the industry.

“This study validates the role of the natural gas and oil industry in growing the U.S. economy and supporting more than 10 million workers from coast-to-coast,” said API president and CEO Jack Gerard. “Natural gas and oil touches virtually every facet of our life—from heating our homes and fueling transportation to life-saving medical devices and cosmetics at the drug store. This study is further proof of the positive impact that U.S. resources have on workers and communities across the nation.”

Read more at http://northamericanshalemagazine.com/articles/2026/study-reveals-massive-job-impact-of-oil-gas-industry-to-us.

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