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.
... The boom has contributed $238 billion to the U.S. economy this year. By 2020, that contribuiton will grow to $416 billion, IHS CERA found. In Texas alone, government revenues from the new oil and gas plays are expected to be $22.168 billion this year, and $38.538 billion by 2030.
Wednesday, December 19, 2012
Half a million Texas jobs added by oil and gas boom
Well, we KNOW where CA stands on all this. If they could keep even ONE oil/gas based job from being formed, they would be besides themselves with joy.