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Energy Tomorrow Blog

America’s Oil and Natural Gas Industry Benefits Americans

oil and natural gas industry earnings  economic benefits  stock ownership  pension funds  mutual funds  iras  401k  retirement funds  investments 

Mark Green

Mark Green
Posted October 21, 2014

Sonecon’s updated look at ownership of the U.S. oil and natural gas industry shows that the benefits of a successful, rigorous industry sector continue to accrue to a broad range of Americans – who are the industry’s true owners. Here’s what we mean by broad:

  • Public and private pension and retirements plans, including 401(k)s and IRAs, hold 46.8 percent of all shares of U.S. oil and natural gas companies in 2014.
  • Asset management companies, including mutual funds, hold 24.7 percent of oil and natural gas shares.
  • Individual investors hold 18.7 percent of all oil and natural gas company shares.

Combined, that’s 97 percent of all oil and natural gas company stock – held by millions of Americans across the country.

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Energy Is The Answer

job creation  economic growth  retirement funds  exports  manufacturing  oil and natural gas  infrastructure 

Mark Green

Mark Green
Posted January 27, 2014

With the State of the Union address scheduled tomorrow night, let’s look at how policy goals in President Obama’s past annual speeches to Congress fit with oil and natural gas development. It turns out the fit is good – very good.

For example, in the 2010 State of the Union the president called jobs his No. 1 priority and said American business would always be the “true engine of job creation.” He also applauded the improving health of the retirement funds supporting the future hopes of so many Americans. Oil and natural gas is playing a key role with both.

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