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

  • The industry generates 468,000 total jobs (direct, indirect and induced)

  • The industry contributes $21.6 billion in state and local tax revenues

  • 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

  • $10.5 billion in state and local taxes to the region​​

  • 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