Energy Facts - New York

 

  • In New York, over 270,000 jobs are currently supported by the oil and natural gas industry, and adds $35 billion annually to the New York economy.   gross state product, or 3% of its wealth. 
  • There is a potential resource of 9.1 trillion cubic feet (tcf) of natural gas in the Marcellus Shale in New York State.
  • The vast majority of New York's electricity is generated by natural gas, with nuclear being second (2014).
  • America’s oil and natural gas industry supports 9.8 million jobs throughout the economy and 7.1 percent of GDP.
  • The average salary for a New York oil and natural gas employee (not including gas-station employee) is $83,467.  The average New York salary across all industries is $67,194.  
  • The oil and natural gas industry delivers tens of millions of dollars a day in revenue to government. 
  • Oil and natural gas industry earned 3.9 cents per sales dollar (2011-2015 average) while the average for all manufacturing was 8.7 cents per dollar.