Posted October 22, 2014
Report: Energy-Producing States Fared Better after Recession
The Hill: Energy-producing states have been able to bounce back faster and more successfully from the 2009 recession than states that import a majority of their energy, according to new research from a group aligned with Republicans.
The American Action Forum found energy-producing states that have been able to leverage the U.S. energy boom have double the rate of income growth of energy importers.
The report also found states that are energy producers have more than double the rate of job growth than states importing energy.
North Dakota, Pennsylvania and Texas are among the states that were able to bounce back quickly given their energy production.
American Action Forum looked at a 10 “major” energy importers for the study, including California, Florida, Nevada, Ohio and Georgia.
According to data from the bureaus of Economic Analysis and Labor Statistics, recovery from the recession in the largest energy producing-states has “greatly outpaced” the recovery in states importing energy.
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ABOUT THE AUTHOR
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.