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Benefits of oil and gas to US States: O - T

Hydrocarbon Engineering,


Ohio

  • At least 636 businesses across all 16 congressional districts of Ohio are part of the larger oil and gas supply chain.
  • There are reportedly over 13 000 shale related businesses in the state.
  • The oil and natural gas sector supports 255 100 jobs in Ohio, 3.9% of the working population.
  • Labour income is supported to a level of US$ 12.7 billion/y by the sector.
  • The average annual salary in Ohio is US$ 44 059, or US$ 72 238 if working in the oil and gas sector.
  • In total, the industry supports US$ 28.4 billion of the state’s economy.

Oklahoma

  • At a minimum, 2513 businesses across the entire state are part of the bigger oil and natural gas supply chain.
  • 364 300 jobs are supported by the oil and gas sector.
  • Labour income supported by the industry totals US$ 23.3 billion/y.
  • The average salary in the state is US$ 42 733 /y unless one works in the oil and gas sector, in which case it is US$ 93 992.
  • Overall, the industry supports US$ 39 billion of Oklahoma’s economy.
  • In the US rankings, Oklahoma is the 5th largest oil producer and the 4th largest natural gas producer.

Oregon

  • 58 businesses across all of Oregon’s congressional districts are part of the oil and gas supply chain.
  • 60 400 jobs are supported by the industry.
  • US$ 2.81 billion/y supports the state’s labour income.
  • Annual average salary is US$ 44 383 in the state, and US$ 55 472 for those in the oil and gas sector.

Pennsylvania

  • 1347 businesses, at least, across all 18 congressional districts in Pennsylvania support the larger oil and natural gas supply chain.
  • 339 00 jobs, or 4.7% of the state’s employment is supported by the oil and gas sector.
  • Labour income is supported by US$ 19.5 billion/y from the oil and gas sector.
  • The annual average income in Pennsylvania is US$ 48 785, or US$ 78 898 if working in the oil and gas sector.
  • Overall the industry supports US$ 34.7 billion of the state’s economy, equivalent to 5.8% of its total economy.
  • In the US rankings, Pennsylvania is the 19th largest oil producer and 3rd largest natural gas producer.

Rhode Island

  • At a minimum, 11 businesses across the entire state are part of the larger oil and natural gas supply chain.
  • 15 100 jobs in the state are supported by the industry.
  • Labour income from the oil and gas sector is US$ 934 million /y.
  • The annual average salary in Rhode Island is US$ 45 770, but US$ 47 055 in the oil and gas sector.
  • In total, the industry supports US$ 1.7 billion of the state’s economy.

South Carolina

  • At least 40 businesses spread over the entire state are part of the larger oil and gas supply chain.
  • 67 700 jobs, or 2.9% of the working population, are supported by the sector.
  • Labour income supported by the industry totals US$ 2.63 billion/y.
  • US$ 39 131 is the annual state average income, unless one works in the oil and gas sector, in which case it is US$ 49 801.
  • In total, the industry supports US$ 4.7 billion of the state’s economy.

South Dakota

  • At a minimum, 36 businesses across South Dakota are supported by the larger oil and gas supply chain.
  • 22 500 jobs are supported by the sector.
  • The industry provides labour income levels with US$ 857 million /y.
  • The average annual salary in South Dakota is US$ 37 086, or US$ 55 257 if working in the oil and gas industry.
  • The industry supports US$ 1.5 billion of the state’s economy, equal to 3.9%.
  • By 2035, it is anticipated that hydraulic fracturing and horizontal drilling will support 3937 jobs in the state.

Tennessee

  • 82 businesses, across all of the state’s nine congressional districts are part of the larger oil and natural gas supply chain.
  • 111 500 jobs are supported by the oil and gas sector in the state.
  • Labour income support from the oil and gas industry totals US$ 5.09 billion/y.
  • US$ 44 273 is the average yearly salary in the state, unless one is part of the oil and gas sector, in which case it is US$ 62 435.
  • In total, the industry supports US$ 8.9 billion of the economy, equivalent to 3.4%.

Texas

  • Across Texas’ 36 congressional districts, 11 033 businesses are part of the larger oil and gas supply chain.
  • 1 938 700 jobs are supported by the oil and gas sector, equivalent to 13.6% of employment.
  • US$ 144 billion /y is supplied to the labour income level by the sector.
  • The annual average salary in Texas is US$ 52 146, or US$ 117 272 in the oil and gas sector.
  • In total, the industry supports US$ 308.3 billion of Texas’ economy.
  • Texas is the number one oil and number one natural gas producer in the US.

Edited from API report by Claira Lloyd

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/06102014/oil-and-gas-benefits-o-t/


 

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