An industry-commissioned study found that shale-gas producing states like Louisiana will see higher job growth from 2010 to 2015 than the national average.
Business analytics firm IHS Global Insight did the report, The Economic and Employment Contributions of Unconventional Gas Development in State Economies, for the America’s Natural Gas Alliance.
The report says the Top 10 producing states, ranked by unconventional gas-related employment, will see a compound annual job growth rate of nearly 8 percent. Nationally, employment is expected to grow at an average rate of 1.6 percent during the same period.
The Top 10 producing states are Texas, Louisiana, Colorado, Pennsylvania, Arkansas, Wyoming, Ohio, Utah, Oklahoma and Michigan.
The report also says natural gas production from shale, coal bed methane and tight sands is expected to generate significant job creation, economic growth, and revenue for federal, state and local treasuries throughout the U.S. in gas “producing” and “non-producing” states alike.
Shale plays and other unconventional gas activity supported more than 1 million jobs in 2010, according to the study. By 2015, the jobs number is expected to near 1.5 million by 2015.