Home > blog > Page
Memo Shows Energy Workers Earn More, Receive Larger Annual Raises
Posted by Jamie Hennigan on February 14, 2013
A Congressional Research Service (CRS) memo released this week shows that wages for workers in oil and gas extraction have increased over 23% since 2007. During a time period in which the U.S. has faced dire unemployment rates, rampant job loss, and near economic collapse, workers in the oil and gas industry have continued to see above average increases in earnings. 

The oil and natural gas industry supports over 9.2 million jobs, boasts an average annual salary of over $96,000.00, and plays a vital role in supporting almost every sector of the U.S. economy. A recent study showed that opening currently restricted federal lands and waters to energy production would create nearly 2 million jobs annually over the next 30 years. If President Obama wants to see true economic development and support small business, he should work with House Republicans to approve an all-of-the-above energy strategy that will unlock our energy potential and create millions of high-paying American jobs.  

    Post a Comment
    Fill out the fields below to submit a comment

    Latest News

    Bishop Welcomes Trump Action on Offshore Energy Initiatives

    House Committee on Natural Resources Chairman Rob Bishop (R-UT) issued the following statement in reaction to President Trump’s announcement on offshore initiatives. “A thorough review of the morass o...... Read more

    Committee Passes Bipartisan Bill to Safeguard Electric Transmission, Enhance Grid Reliability

    Today, the House Committee on Natural Resources passed H.R. 1873, the “Electricity Reliability and Forest Protection Act,” bipartisan vote of 24-14. Representatives Doug LaMalfa (R-CA) and Kurt Schrad...... Read more

    Committee Advances Slate of Bills to Boost Water and Power Infrastructure

    Today, the House Committee on Natural Resources passed a slate of bills to expand and improve our nation’s water and power infrastructure. The bills represent one segment of the Committee’s contributi...... Read more

    View All News

    Calendar

    Oversight Hearing on Examining the Consequences of Executive Overreach of the Antiquities Act
    Subcommittee on Federal Lands | 1324 Longworth House Office Building Washington D.C. 20515
    Oversight Hearing on the Challenges of Keeping Hydropower Affordable and Opportunities for New Development
    Subcommittee on Water, Power and Oceans | 1324 Longworth House Office Building Washington D.C. 20515
    View All Events