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Texas / Half a million jobs added by oil and gas boom

Texas has gained more than 576,000 jobs from the ongoing U.S. oil and natural gas boom, far more than any other state, the IHS CERA analysis group reported Wednesday.

The estimate includes both direct hires by oil and gas companies and other jobs in manufacturing and services that contribute to the boom or benefit from cheap energy supplies. By 2020, IHS CERA estimates Texas will have gained 929,482 jobs from development of unconventional oil and gas.

Texas has garnered 45 percent of the nearly 1.3 million jobs created by new production from fields drilled with hydraulic fracturing and horizontal drilling. Pennsylvania and California each got 8 percent of the new jobs.

Choosen excerpts by Job Market Monitor from

FireShot Screen Capture #097 - 'Half a million Texas jobs added by oil and gas boom I Biz Beat Blog' - bizbeatblog_dallasnews_com_2012_12_half-a-million-texas-jobs-added-by-oil-and-gas-boom_html

via Half a million Texas jobs added by oil and gas boom | Biz Beat Blog.

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Venture Taranaki has joined in on the fracking debate, releasing a study that forecasts billions of dollars and thousands of jobs over the next decade if fracking is allowed to continue. The economic development agency and Wellington-based economic analysis company Berl have developed a report on the economic impact of the fracking of onshore oil … Continue reading »


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