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JOBS

69,250 Jobs supported

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WAGES

$5.9 billion in wages

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REVENUE

Provides 47% of the state’s revenue

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$4.5 billion in state and local revenue

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Highest average wages compared to all other sectors in Alaska

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83% of Alaskans support current oil and gas projects

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The oil and gas industry has the highest economic multiplier in Alaska

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$4.6 billion in spending with more than 1,000  local businesses annually

Maybe you’ve never visited the North Slope or even seen the Trans-Alaska Pipeline, but the oil & gas industry is still your business. The oil and gas industry supports over 1,000 Alaskan businesses, is the largest source of private sector revenue for the state treasury and generates the most economic activity of any other industry in the state. This spending means the shops and restaurants we love can stay open because of the foundation oil provides for our economy. Oil companies are investing billions in Alaska and production is growing. It matters to all of us that Alaska remains the kind of place companies want to invest in the future and create new projects.

 

 

Source: McKinley Research Group

This campaign is a partnership between the Alaska Chamber and the State of Alaska Department of Commerce, Community, and Economic Development.

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