The U.S. oil and natural gas boom is rippling through Ohio’s economy, supporting business activity across the state, according to new data released by the American Petroleum Institute.
A PriceWaterhouseCoopers study conducted for the API found that the oil and natural gas industry in Ohio supports some 255,100 jobs, which is 3.9 percent of the state’s total employment.
The amount of Ohio labor income supported by the oil and natural gas industry totals $12.7 billion annually, representing 4.1 percent of the state’s total labor income, the report said.
Nice.