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Economic Impact

economic impact

The oil and natural gas industry is the economic engine of the state – supporting education, providing jobs and boosting our economy. The following statistics provide additional insight on the impact the industry has on Oklahoma.

Click here to read the Oklahoma Oil & Natural Gas Industry's Economic Impact and Jobs Report.

Oklahoma is the 3rd largest producer of natural gas and the 4th largest producer of oil.

In total, the people of Oklahoma Oil & Natural Gas supported an estimated $65.4 billion in state GDP and 357,150 jobs across the state economy in 2018.

The people of Oklahoma Oil and Natural Gas have contributed more than $2 billion to education over the past decade.

 

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