The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

analysis  virginia  income  oil-and-natural-gas-development  regulations  energy  wood-mackenzie  pricewaterhousecoopers 

Reid Porter

Reid Porter
Posted June 29, 2015

Here on the blog we regularly point to the national economic and job impacts of energy development: 9.8 million jobs supported, and $1.2 trillion in value added to the economy – accounting for 8 percent of our national GDP. Over the next few weeks we want to bring the focus to the state level, highlighting those impacts in each of the 50 states. We’ll start with … Virginia.

The top-line numbers: more than 141,000 jobs supported statewide, according to PwC ; $12.5 billion added to the state economy; $7.2 billion contributed to the state’s labor income. All are significant drivers for the state’s economy.

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domestic-energy  natural-gas  pricewaterhousecoopers 

Jane Van Ryan

Jane Van Ryan
Posted September 22, 2009

This week's episode focuses on the recent PricewaterhouseCoopers study regarding the impact of the oil and natural gas industry on the U.S. economy. As the study shows, the industry supports 9.2 million workers and contributes more than $1 trillion to the economy. Art Wiese, API's policy analysis manager, discusses the findings with me. 

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over-regulation  prices  pricewaterhousecoopers 

Mark Green

Mark Green
Posted September 18, 2009

In response, however, I would like to point out that assertions that oil and natural gas companies receive subsidies through programs like the Highway Trust Fund, the Low Income Home Energy Assistance Program and the Strategic Petroleum Reserve are ludicrous. This study is an irresponsible rendition based on a contorted recycling of government data that should never be used to craft national policy - especially a tax increase on the oil and natural gas industry that would raise energy costs and kill jobs.

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access  domestic-energy  energy  energy-policy  energy-taxes  pricewaterhousecoopers  revenue  taxes 

Jane Van Ryan

Jane Van Ryan
Posted September 9, 2009

A new PricewaterhouseCoopers (PwC) study released today found that the U.S. oil and natural gas industry supports more than 9 million American jobs and makes significant economic contributions as an employer and purchaser of American goods and services. 

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