Oversight Hearing on "American Energy Jobs: Opportunities for States and Localities"
Wednesday, June 18, 2014 2:00 PM Subcommittee on Energy and Mineral Resources
1334 Longworth House Office Building, Washington, D.C. 20515
Oversight Hearing on:
"American Energy Jobs: Opportunities for States and Localities"
America’s surge in energy production is fueling an employment boom that’s creating much-needed economic growth in states and local communities. In the past decade, 30 states have experienced a 50 percent surge in jobs indirectly relating to oil and natural gas production and it’s estimated that by 2035 unconventional oil and natural gas production will bring in $2.5 trillion in combined state and federal revenue. For example, revenues from North Dakota’s oil and natural gas production gave the state a $1.6 billion budget surplus in 2012.
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