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Our Energy Economy
Economic Impacts of Oil and Gas in California
Oil & Gas Economy in Southern California
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The industry’s contribution to California alone is larger than 17 other state economies
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The industry generates 468,000 total jobs (direct, indirect and induced)
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The industry contributes $21.6 billion in state and local tax revenues
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The industry’s total value add to California’s economy is $113 billion, or 5.4% of the state’s GDP
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212,000 jobs and about 6 percent of the entire region’s economic output
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$10.5 billion in state and local taxes to the region​​
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In Los Angeles County alone, the industry generates 104,000 jobs and returns nearly $5.2 billion to the County in state and local tax revenue
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