More than 200,000 Ohio Jobs Supported by Natural Gas, Oil Industry
August 10, 2017
By Lauren Stebelton
A new study reports more than 200,000 Ohio jobs are supported by natural gas and oil.
API Ohio released the study, showing the U.S. natural gas and oil industry supported 262,800 jobs in the state and contributed $37.94 billion to the state’s economy in 2015. This includes services, wholesale and retail, manufacturing, construction and transportation and warehousing professions. The study found all 50 states, whether energy producing or not, continued to benefit from the industry.
“The benefits Ohio’s oil and natural gas industry provides the state are immense,” said Executive Director Christian Zeigler. “Industry jobs within and throughout the supply chain, in addition to billions of dollars in value added to all sectors of the state’s economy as a result of oil and natural gas development, are a bright spot for all Ohioans. Federal, state and local lawmakers can help ensure these continued benefits for Ohio’s future with forward-looking policies that promote the safe production, processing, and distribution of our state’s energy resources.”
The study, conducted by PricewaterhouseCoopers (PwC) and commissioned by API, showed that the natural gas and oil industry supported 10.3 million U.S. jobs in 2015.
According to the Bureau of Labor Statistics, the average wage paid by the natural gas and oil industry in 2016, excluding retail station jobs, was $101,181, which is nearly 90 percent more than the national average.
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