Posted January 27, 2012
Here’s what the oil and natural gas industry currently means to the state of Florida:
- More than $18 billion contributed to the economy.
- More than $10 billion contributed to labor income.
- More than 230,000 jobs provided or supported by the industry, with an average salary for non-gas station oil and natural gas employees of $61,388.
Even better – here’s what the oil and natural gas industry could mean to Florida with sensible energy development and sound tax policies:
- More than 84,000 additional jobs created by 2015 and more than 131,000 additional jobs created by 2030.
- An average of $1.3 billion of new, additional revenue to the state every year through 2030.
Let’s put that second figure in perspective: An additional $1.3 billion each year would be enough to cover three-quarters of Florida’s annual general fund contribution to every state public university – without using additional taxpayer dollars.
Energy works in Florida, with the men and women of the oil and natural gas industry playing a critical role in that state’s economy. See more, here.
ABOUT THE AUTHOR
Mark Green joined API after a career in newspaper journalism, including 16 years as national editorial writer for The Oklahoman in the paper’s Washington bureau. Mark also was a reporter, copy editor and sports editor. He earned his journalism degree from the University of Oklahoma and master’s in journalism and public affairs from American University. He and his wife Pamela live in Occoquan, Va., where they enjoy their four grandchildren.