A new Texas Tech University study highlighting the contributions of the oil and natural gas pipeline sector to Texas' economy revealed that the industry supported over 238,000 well-paying jobs and pumped more than $48.6 billion into the state economy in 2019. The study also projects that Texas' pipeline industry will be linked to more than 492,000 jobs over the next four decades and generate an economic impact of $1.49 trillion.
Oil, gas pipeline sector an asset to Texas' economy
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