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Benefits of oil and gas to US states: G-L

 

Hydrocarbon Engineering,

Georgia

  • At least 349 businesses, across all 14 congressional districts are part of the larger oil and gas supply chain.
  • The oil and gas industry supports 141 600 jobs in Georgia, equivalent to 2.7% of the state’s total employment.
  • Labour income is supported to the sun of US$ 6.76 billion /y by oil and gas.
  • Average state wage is US$ 47 515 /y or US$ 61 239 in the oil and gas sector (note all oil and gas sector salaries exclude gas stations.)
  • Overall the industry supports US$ 12.9 billion of the Georgian economy.
  • By 2035, hydraulic fracturing and horizontal drilling will support 38 771 jobs in the state.

Hawaii

  • At least four businesses across Hawaii are part of the larger oil and gas supply chain.
  • The oil and gas sector supports 2.3% of the state’s total employment, equal to 20 500 jobs.
  • Labour income supported by the sector is equal to US$ 1.04 billion /y.
  • Average state salary is US$ 41 492 /y and US$ 65 853 /y in the oil and gas sector.
  • The oil and gas industry supports US$ 2.2 billion of the state’s economy.

Idaho

  • 34 businesses across Idaho’s congressional districts are part of the larger oil and gas supply chain.
  • The oil and gas sector supports 27 000 jobs in the state, equivalent to 3.1% of the state’s total employment.
  • Labour income is supported to the tune of US$ 1.04 billion /y.
  • The average state salary is US$ 36 751 /y, and US$ 46 471/y in the oil and gas sector.
  • Overall the industry supports SU$ 1.8 billion of the Idaho economy.
  • By 2035, hydraulic fracturing and horizontal drilling is expected to support 6327 jobs.

Illinois

  • 932 businesses spread across all 18 congressional districts are part of the larger oil and natural gas supply chain.
  • <3.6% of Illinois’ total employment is supported by the oil and gas sector, equivalent of 263 700 jobs.
  • Labour income is supported by the sum of US$ 15. 7 billion /y.
  • Annual state salaries on average are USS$ 52 625, in the oil and gas sector the average is US$ 81 633 /y.
  • The industry supports US$ 33.3 billion of the state’s economy.

Indiana

  • 133 businesses across the nine congressional districts are part of the larger oil and gas supply chain.
  • 136 400 jobs are supported by the oil and gas sector, equivalent to 3.8% of the state’s total employment.
  • US$ 6.7 billion /y of labour income is supported by the sector.
  • Average state salary is US$ 41 792 /y or US$ 80 512 in the oil and gas sector.
  • Overall the industry supports US$ 16.6 billion on the economy.
  • Hydraulic fracturing and horizontal drilling will support 33 366 jobs by 2035.

Iowa

  • At least 38 businesses across all four congressional districts are part of the larger oil and gas supply chain.
  • 65 100 jobs are supported by the oil and gas sector, equivalent of 3.3% of the state’s total employment.
  • Labour income is supported by the oil and gas sector at the sum of US$ 2.57 billion /y.
  • Average state salary is US$ 40 489 /y and US$ 59 273 /y in the oil and gas sector.
  • Overall the industry supports US$ 4.4 billion of the economy.

Kansas

  • At least 245 businesses across all six of Kansas’s congressional districts are part of the larger oil and gas supply chain.
  • 148 300 jobs are supported by the oil and gas sector, equivalent to 8.1% of total employment.
  • Labour income support from the oil and gas sector totals US$ 7.2 billion /y.
  • Average state salaries are US$ 42 294 /y, and US$ 66 918 /y in oil and gas.
  • The industry overall supports US$ 12.9 billion of the state’s economy.
  • Kansas is the 10th biggest oil producer in the US and the 12th biggest natural gas producer.

Kentucky

  • At least 74 businesses over the six congressional districts are part of the larger oil and gas supply chain.
  • Oil and gas support 94 700 jobs in the state, equivalent to 4% of total employment.
  • US$ 4.054 billion /y in labour income comes from the industry.
  • Average salaries are US$ 40 589 /y and US$ 65 495 /y for those in the oil and gas sector.
  • Overall the industry supports US$ 7.9 billion of the Kentucky economy.

Louisiana

  • At least 1711 businesses across the state’s six congressional districts are part of the larger oil and gas supply chain.
  • Oil and gas supports 412 600 jobs across the state, equal to 16.2% of the total employment levels.
  • Labour income is supported at a level of US$ 24.2 billion/y by the industry.
  • The average salary in the state is US$ 44 332 /y or US$ 87 929 /y for those who work in oil and gas.
  • Overall, the industry supports US$ 73.9 billion of the state’s economy.
  • Louisiana is the 8th largest oil producer in the US and 2nd largest natural gas producer.

Adapted from an API report by Claira Lloyd.
 

Oil, natural gas and economic growth

An American Petroleum Institute survey has revealed the extent of economic growth behind the American oil and natural gas sector.