U.S. Energy Information
Administration has defined the most oil-rich states in the country. All
of these states possess majority of oil refined in the U.S every
year. Texas, Louisiana, California and Oklahoma are the only regions
who can produce 10 million barrels per day.
Due to such a high oil production, more
number of jobs is also increasing in these regions. In addition, oil
and gas industry workers are well paid. In all the oil-rich states,
the median pay is even higher. So there are more numbers of oil
and gas exploration companies in USA coming up every year and
adding up to the economy of the countries.
Top 10 oil-rich states of the U.S are
as mentioned below: (according to the report by US Today)
According
to EIA, Texas has the largest quantity of oil reserves. Between the
year, 2010 and 2011, there were 32 new field discoveries. And recent
reports also state that such discoveries are not going to slow down.
Recently, there are 27 oil refineries existed in Texas regions.
This
is the least-populated state and has second-largest oil reserve of
the US. There is approximately 11.9% of the workforce is
employed by oil and gas industry. There are 6 oil refineries in this
region and nearly 4 billion barrels of oil reserves available.
In
2013, economists from the University of Southern California carried
out study which stated that California could give rise to more than
512,000 to 2.8 million jobs in the state. And possibly, during some
years, it will surpass Texas in oil production. California has so far
16 oil refineries with over 3 billion barrels of oil reserves.
According
to the EIA report, the oil reserves in North Dakota added up to by
46% in 2010. With such energy boom, this state is in greater demands
for labor. However North Dakota reported as nation’s lowest
unemployment rate, but with the increase in oil and gas projects,
it’s gradually coping up with unemployment rates. There is 1 oil
refinery and producing around 2,649 million barrels.
Oklahoma
generated 210,000 barrels oil per day in 2011, and its 5 refineries
produce— 508,700 barrels a day which is completely more that twice
production.
Oil
production in New Mexico increased to 195,000 barrels a day. Its 3
refineries had capacity of producing 142,900 barrels per day, but
only two were in service and their overall capability was condensed
to 126,600 barrels per day in 2013.
During
a year 2011, Wyoming produced 150,000 barrels of oil per day.
Additionally, this state had the capacity to produce 165,500 barrels
a day. The economy of this state largely depended on coal production
but it also produced 9% of the state’s natural gas in 2011.
Consequently, this state employs most of the workforce in energy
industries in comparison with the other states on this list.
Moreover, Wyoming is also home to some of the largest gas and oil
fields. It has so far 6 oil refineries and it’s proved oil reserve
was reported 660 million barrels.
In
2011 Utah accomplished a total of 26.27 million barrels of crude oil
and about 72k barrels per day. The state’s 5 oil refineries
produced 176,000 barrels a day. In this state, more than 15,553
civilians are employed in quarrying, mining and gas and oil
industries, i.e 1.2% of the entire workforce.
Colorado
has so far less capacity to produce its oil resources. It has only 2
refineries and that can process around 103,000 barrels per day, which
places this state on 25th rank in the U.S. Of the entire workforce in
this state, approximately 6.7% of all jobs are the result of the gas
and oil industry.
Louisiana
holds 10th-most proved oil reserves in the U.S. It has 19 refineries
that can process 3,273,020 barrels a day. Moreover this state is the
second-largest employer across the U.S.
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