20 Jul New Analysis: North Dakota-Made Natural Gas and Oil Drives U.S. Economic Recovery, Strengthens All Industries
BISMARCK, ND, July 20, 2021—The American Petroleum Institute (API) today released a new analysis of the natural gas and oil industry’s vast economic impact on North Dakota’s economy and highlighted its importance to the state’s post-pandemic recovery. The study, prepared by PricewaterhouseCoopers (PwC) and commissioned by API, is based on the latest government data available and shows that North Dakota’s natural gas and oil industry supported 87,400 total jobs across the state’s economy in 2019. North Dakota ranked among the highest states for the percentage of total economic contributions by the natural gas and oil industry, $13.5 billion toward the state’s gross domestic product—including $6.7 billion added to total labor income.
Source: American Petroleum Institute
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