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Report: Energy Sector Drives Economic Recovery

Fuel Fix reports that “jobs in the oil and gas industry have helped U.S. employment numbers claw back from steep losses over the last decade, according to a new report from the Small Business & Entrepreneurship Council .”  

“From 2005 to 2012, U.S. employers shed 378,000 jobs, but over the same period, five oil and gas sectors — extraction, drilling, operations, pipelines and equipment manufacturing — added a combined 293,000 jobs.”  

“Employment at oil and gas operations businesses more than doubled during that decade-long span, and equipment manufacturing and pipelines each grew about 66 percent.”

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