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
via Half a million Texas jobs added by oil and gas boom | Biz Beat Blog.
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Posted by Standard Climate | December 20, 2012, 10:08 am