11/15/2013

The U.S. shale energy boom will create millions of direct and indirect jobs in the years to come even in states that do not support hydraulic fracturing, according to a state-by-state analysis released by the American Petroleum Institute. The study indicated that by 2035, shale-related activities will contribute between $5 billion and $31 billion each to shale energy-producing states such as Texas, Pennsylvania and Louisiana. Even New York and California, which currently don't have fracking, will benefit from the boom as manufacturing and service jobs are expected to increase as well, API said in the report.

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