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Texas Economic and Job Growth

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Texas Economic and Job Growth Oil and Natural Gas Stimulate Texas Economic and Job Growth Oil and natural gas are driving the U.S. economy through a major energy boom and that boom is rippling through the economy of Texas, supporting business activity across the state. This finding grows out of a new American Petroleum Institute survey of domestic oil and natural gas vendors,1 which offers $308.3 BILLION a glimpse into the job and business creation engine that is the current oil and THE INDUSTRY CONTRIBUTES natural gas industry. The survey shows that at least 11,033 businesses, spread across all 36 congressional districts in Texas, are part of the larger oil and natural TO TEXAS’S ECONOMY gas supply chain. The survey’s snapshot of state-by-state average annual salary in Texas across all activity reinforces the impressive level industries and sectors is $52,146, the of industry success throughout the average salary in the oil and gas industry country that is documented in a recent (excluding gas stations) is very significantly 1,938,700 PriceWaterhouseCoopers study conducted higher—$117,272 annually.3 Overall the for the American Petroleum Institute.2 The industry supports $308.3 billion of the study found that the oil and natural gas Texas economy. That’s 23.2 percent of the TEXAS JOBS industry in Texas supports some 1,938,700 state’s total economic activity. jobs, which is 13.6 percent of the state’s supported BY OIL AND total employment. The amount of Texas Texas ranks 1st in oil and 1st in natural gas natural GAS industry labor income supported by the oil and production.4 That makes it the nation’s top natural gas industry comes to $144 billion energy-producing state. annually. That’s 18.7 percent of the state’s Texas particularly benefits from the total labor income. AVERAGE ANNUAL SALARY COMPARISON production of oil and natural gas from 120k $117,272 Another way in which the oil and gas shales and so-called “tight formations,” 110k industry benefits the people of Texas, energy development that uses the proven in addition to employment and labor engineering technologies of hydraulic 100k income, is in terms of salary.3 While the fracturing, or “fracking,” and horizontal 90k 1. American Petroleum Institute, “API Onshore Oil and Gas Vendor Identification Survey,” Washington, D.C., 2014. The survey was 80k distributed to API members in January 2014 to collect information for the period October 2012 to September 2013. Included are companies that provide goods and services for onshore oil and natural gas development, whether as operators, contractors, service companies, suppliers, or vendors. 70k 2. PriceWaterhouseCoopers, “Economic Impacts of the Oil and Natural Gas Industry on the U.S. Economy in 2011,” Washington, D.C., July 2013. Prepared for API using the IMPLAN input-output modeling system, based on 2011 U.S. Bureau of Economic Analysis data. 60k 3. Information cited in this paragraph comes from the Bureau of Labor Statistics, Quarterly Census of Employment and Wages (prelimi- $52,146 nary data for 2013 accessed July 2014); and PriceWaterhouseCoopers, “The Economic Impacts of the Oil and Natural Gas Industry on the U.S. Economy: Employment, Labor Income and Value Added,” 7/12/13 (based on 2012 IMPLAN database). 50k 4. EIA, “Rankings: Crude Oil Production, April 2014 (thousand barrels),” accessed 7/31/2014. http://www.eia.gov/state/ ranking/?sid=UA#/series/46. EIA, “Rankings: Natural Gas Marketed Production, 2012 (million cubic feet),” accessed 7/31/2014. 40k http://www.eia.gov/state/rankings/?sid=US#/series/47. 30k Visit API.org for more information and follow us on Avg. Annual Avg. Oil and Gas Texas Salary Industry Salary Twitter@EnergyTomorrow. State: Texas Texas Vendors by Congressional District Vendors by Congressional District District Location ● Congressional District Total Top Cities Congressional District 1 488 Houston = 2,518 Congressional District 2 161 Congressional District 3 83 Dallas = 1,382 District Congressional District 4 51 13 Odessa = 532 District Districts Congressional District 5 81 Midland = 527 26 24, 30, 32, 33 Congressional District 6 64 Fort Worth = 209 Congressional District 7 20 District 04 Congressional District 8 247 District 03 19 12 Congressional District 9 53 District 05 Congressional District 10 242 District District 06 16 District Congressional District 11 1,416 District 25 11 District Congressional District 12 344 District District 01 District 17 08 Congressional District 13 504 31 District District Congressional District 14 196 23 36 Congressional District 15 167 District District 21 35 10 14 Congressional District 16 12 District 22 20 Congressional District 17 171 District Districts 27 Congressional District 18 2,509 2, 7, 9, 18, 29 Congressional District 19 434 District 28 Congressional District 20 3 District Congressional District 21 258 District 34 15 Congressional District 22 165 Congressional District 23 303 Congressional District 24 104 Congressional District 25 101 Congressional District 26 75 Congressional District 27 424 Sources: Esri, DeLorme, NAVTEQ, TomTom, Intermap, increment P Corp., GEBCO, USGS,FAO, NPS, NRCAN, GeoBase, IGN, Kadaster NL, Ordnance Survey, Esri Japan, METI, Esri China (Hong Kong), and the GIS User Community Congressional District 28 167 Congressional District 29 53 Congressional District 30 1,384 drilling. Total jobs supported by these registered voters across the country, Congressional District 31 44 activities in Texas reached 576,084 in 2012 conducted on behalf of the American Congressional District 32 48 and the total is expected to rise to 929,482 Petroleum Institute, found that 77 percent Congressional District 33 61 in 2020, before leveling off at 733,179 in of Americans, regardless of party affiliation, 5 Congressional District 34 244 2035. support increased production of oil and natural gas resources located in the United Congressional District 35 190 And Americans, including the people of States.6 Congressional District 36 166 Texas, get it. A telephone poll of 1,012 Grand Total 11,033 5. IHS Inc., “America’s New Energy Future: The Unconventional Oil and Gas Revolution and the U.S. Economy,” Washington, D.C., December 2012. 6. “What America is Thinking on Energy Issues.”http://www.api.org/news-and-media/news/newsitems/2014/july-2014/voters-say-us- should-do-more-to-develop-oil-natural-gas” the results of a national poll conducted by Harris for API July 10-13, 2014. Click on Vendor Profile7 “national poll” to see how percentages of voters answered this and other questions. On Duty Tree & Landscape Service On Duty Tree & Landscape Service does landscaping and fencing around gas and oil pads. This work has been a big part of the company’s business for the past seven years. To find out more, visit API.org for more information and follow us on 7. From the 2014 “API Onshore Oil and Gas Vendor Identifi- Twitter@EnergyTomorrow. cation Survey” returns. VENDOR SURVEY FINDINGS REPORT TEXAS - VENDOR LIST Texas Vendors by Congressional District Congressional District 1 Big Tom Construction Crown Pine Timber 1 LP Frank Fite Tiller John D. Boigk 248 Disposal, LLC Bill Whitehurst Law CW Ford Rentals Freeman Mills PC John Robert Allison 3D Security, Inc Bills Meat Market CW Ford Rentals LP Full Boar Oil Tools, Inc Jonathan Pierce 4R Construction Company, Inc Billy S. Glenn D Courtney Construction, Inc Gabs Tree Service, Inc Joyce Steel Erection, Inc 8N Energy Solutions, LLC Black Cypress Services, LLC D&D Fluids, Inc Gary Natural Gas System JTK, Inc A&R Enterprises, Inc Blocker Flowback Services, Inc D. Gale Simmons Gary Water Supply Corporation Juanita G. Peterson Abc Auto Parts Ltd Bob Davis Sales, Inc Dailey’s Fencing Company, Inc Gateway Tire & Service Center K Flow Water Transferring, LLC ABL Land Services, Inc Bobcat Specialities, LLC Dan Blocker Petroleum Gator Services, LLC K&B Oilfield Services, Inc Consultant, Inc Abney & Warwick Bolt Fuel Oil Company, Inc General Insulation, Inc K&L Contractors, Inc Danny Kee Consulting, Inc Ace Consulting Services, Inc Braze-Tech General Shelters of Texas, Ltd Kaiser Pump & Valve, Inc Deadwood Water Supply Ace Hardware of East Texas Broome Tom Geo Logic Environmental Kaja Enterprises, Inc Corporation Services Acuren Inspection, Inc Brown Downhole Tools, LLC Kane Security Company Debbies Best Water Store Geonix LP Advanced Industries Buteo Enterprises KBSR, Inc Servicemaster Prof Deep East Texas Electric Gibbs Construction Advanced Pest Tech C&C Oilfield Services, LLC Cooperative, Inc Kelley’s Carthage Collision Gill Water Supply Corporation Center, Inc Advanced Temporaries, Inc C&C Sales Deh Environmental Tank Wash, Gillam & Smith LLP Kenneth W. Ragle AE Jake Whitton Surveying & C&S Designs Inc Mapping C&S Lease Service LC Delta Construction Co, Inc Gil-Tex Lease Service, LLC Key Building Systems, Inc Air Liquide Advanced Techno Cain Hardware & Lumber Co Dennis Blevins Consulting Global Tanks & Vessels Kingelin & Associates, Inc Us, LLC Cain Surveying Dependable Pressure Testers, Goar Allison & Assoc, Inc Kitchings Services Air Quality Associates, Inc Inc Camterra Resources Ptrs, LLC Graham Oil & Gas Consulting, Kleen Sweep Alford Welding Dialog Wireline Services, LLC LLC Canon Safety Services, Ltd Kruebbe Valve & Control Co Alinet Oilfield Services Diamond Wire Spring Co Greg & Dovie Champagne Capco Contractors, Inc KSA Engineers, Inc Corporation Dixon Services, Inc Gunnels Consulting Serv Ltd Capps Construction & Gas KSL Engineering & Design, Inc All Battery Centers, Inc Co, Inc Dodson Trucking, Inc H Force Largo Gas Compression Alliance Electric, Inc Car-Tex Transport & Vacuum Donnell Pipe & Supply Co H W Services, LLC Larry D. Davis Allied Waste Services of Service, Inc Double R Construction, LLC H&R Auto Supply Larry R. Dixon Services, Inc Corsicana Carthage Discount Tire & Brake Dover Resources, Inc H. Lorimer Corporation Larry W. Fields Iolta Account Allied Waste Services of Kilgore Carthage Office Supply Drillsite Acquisition & Supervision Hagemeyer North America, Inc Latx Operations Ltd Almeida Jonathan B.
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