SBU - California's Fuel for Economic Growth
California's Fuel for Economic Growth
How the oil and gas industry drives California's economy
A new economic impact study released by The Institute for Applied Economics for the Los Angeles EDC demonstrates the tremendous economic and fiscal impact California’s oil and gas industry has on the state’s economy.
“2019 Report Oil and Gas in California: The industry, its economic contribution and user industries at risk,” found that California’s oil and gas industry activity generated:
• $152.3 billion in economic impact
• $21.6 billion in state and local tax revenues
• 365,970 total jobs are supported by the oil and gas industry
• 152,100 Californians are employed by the oil and gas industry
Join us for a presentation of the new study and learn more about the economic and fiscal impact California’s oil and gas industry has on our regional and state economies.
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Fresno Chamber is partnered with: