Revenues from North Dakota’s oil and gas sector continues to touch every corner of the state according to Governor Doug Burgum. Burgum joined NDSU researchers in the release of a new study on the economic impact of oil the industry.
The findings suggest oil and gas directly employed 14,200 people in 2021, while economic activity from the indirect and induced effects of the industry supported an additional 35,185 jobs.
The oil and gas industry accounts for more than $42.6 billion in gross business volume and $3.8 billion in state and local tax revenues in 2021.
Burgum says North Dakota’s oil and gas industry remains strong despite headwinds being thrown up by the current administration.
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