Changing Vision of Energy Future
The People of the U.S. Oil and Natural Gas Industry are Changing the Vision of Our Energy Future
Technological innovations in America’s oil and natural gas industry are resulting in new opportunities to put more people to work, boost domestic production, grow government revenue, and save many billions annually in imported energy costs.
The oil and natural gas industry provides most of the nation’s energy and is backed by a growing grassroots movement of over 15 million Americans. The industry also supports nearly 10 million American jobs and makes significant economic contributions as an employer and purchaser of American goods and services. In 2011, the most recent year for which data are available, the industry supported a total value added to the national economy of more than $1 trillion or 8 percent of the US. gross domestic product.
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