Oil and gas sector adds 12,000 jobs during past two years5.14.2012
The state’s thriving oil and gas industry added 12,000 jobs in the last two years, according to a newly-released study commissioned by the Oklahoma Energy Resources Board. Of those jobs, about a third were added in the Tulsa region.
The Tulsa area has added at least 1,200 jobs related to oil and gas extraction over the past two years, with thousands more added in other aspects of the industry. The region added approximately 2,500 jobs in manufacturing related to oil and gas during the same time period.
More than 18,000 Tulsa region jobs are in oil and gas and related industries.
Tulsa Metro Chamber President and CEO Mike Neal stated: "The Tulsa region continues to outpace the nation in many areas of economic growth and job creation. Much credit is due to our strong legacy of oil and gas sector employers who are committed to the Tulsa area's future.”
Tulsa Mayor Dewey F. Bartlett, Jr., said: “Our thriving energy industry is a catalyst for the Tulsa region's strong economic development, with energy-related businesses playing an important role in our continued economic success."
Data from the Tulsa Metro Chamber shows the far-reaching impact of the oil and gas industry in northeast Oklahoma:
• In the Tulsa region, each job in oil and gas supports 1.7 jobs in resource-supplying companies and contributes $428,000 to gross product for the Tulsa 10-county area.
• Throughout the Tulsa-area economy, one job in oil and gas supports four additional jobs across all sectors.
• One year’s activity in Tulsa-area oil and gas supports total sales tax of $440 million and a total property tax of $227 million.
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