Natural Gas and Oil Fuels Colorado’s Economy and Workforce
303000
Oil & gas jobs
$34 Billion
In oil & gas wages
$48 Billion
Contribution to CO’s economy (2021)
Oil & Gas in the Centennial State
The industry supported over 303,000 Colorado jobs, provided over $34 billion in wages and contributed more than $48 billion to the state’s economy in 2021, according to a study conducted by PricewaterhouseCoopers (PwC) that compiles the latest available government data.
From petroleum engineers and truck drivers to contractors and manufacturers, the natural gas and oil industry supports a wide range of jobs across the state of Colorado.
Research shows that every direct job in the natural gas and oil industry generates an additional 1.2 jobs in Colorado.
Jobs Supported by the Industry
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Over $34 Billion in Wages
Good jobs mean community-supporting wages that are spent on homes, at local restaurants, car dealerships and small businesses.
More than $48 Billion in Economic Impact
Industry activity boosts manufacturing, logistics, banking and construction among dozens of other economic sectors.
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