The U.S. oil and natural gas industry supported 10.6 million jobs and contributed $2.1 trillion to the economy in 2023 

U.S. oil & natural gas industry economic contribution by state, 2023 (thousands of jobs; billions of dollars)

Note: Total impact includes direct, indirect, & induced impacts. Direct impacts occur directly within the oil & natural gas industry. Indirect impacts occur within other businesses as part of the supply chain to the oil & natural gas industry. Induced impacts arise from household spending of income earned from the oil & natural gas industry or its supply chain
Source: PWC, Contributions of the Oil and Natural Gas Industry on the US Economy in 2023Download image