Jobs and the Economy
Oil and gas production in Michigan currently supports over 182,000 jobs.
The average salary of non-gas station oil and natural gas industry job is $75,731, almost twice the state's average salary of $48,043.
At least 295 Michigan companies are vendors to the oil and natural gas supply chain, which adds $15.8 billion to the state's economy.
It should be noted that the oil and gas industry supports jobs not just in exploring, producing, refining, transporting and marketing oil and natural gas, but also through the purchases it makes of other goods and services that support the industry’s operations. Equipment suppliers, construction companies, management specialists, and food service businesses are all a strong link in the industry. These businesses, in turn, purchase other goods and services that support other jobs throughout Michigan and the nation.
On the national scale, the oil and natural gas industry supports 9.8 million American jobs and supplies $30 billion a year to the U.S. Treasury in the form of rents, royalties, taxes and other fees.