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American Petroleum Institute - api.org

economic Impacts of the Oil and Natural Gas Industry on the US Economy in 2011 American Petroleum Institute economic Impacts of the Oil and Natural Gas Industry in 2011 July 2013 economic Impacts of the Oil and Natural Gas Industry This document has been prepared pursuant to an engagement between PricewaterhouseCoopers LLP and its Client. As to all other parties, it is for general information purposes only, and should not be used as a substitution for consultation with professional advisors. economic Impacts of the Oil and Natural Gas Industry on the US Economy in 2011 Table of Contents Executive Summary E-1 I. Introduction 1 II. Industry Definition 3 III. total economic impact 6 IV. Detail by Component of economic impact : Direct, Indirect, and Induced Impacts 11 V. Wages, Capital Spending, and Dividends from the Oil and Natural Gas Industry 26 Appendix A: Detailed State-by-State Operational impact Results 27 Appendix B: Data Sources and Methodology 79 economic Impacts of the Oil and Natural Gas Industry E-1 economic Impacts of the Oil and Natural Gas Industry on the US Economy in 2011 Executive Summary The American Petroleum Institute engaged PwC to quantify

Economic Impacts of the Oil and Natural Gas Industry Michigan E-3 Table E-2a.− Total Impacts of the Oil and Natural Gas Industry’s Operations in 2011 Top 15 States, Ranked by Total Employment Impact

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