The Facts - West Virginia
An American Petroleum Institute survey of 230 oil and natural gas vendors in West Virginia showed the industry supports 80,400 jobs.
Fifty-three of West Virginia’s 55 counties have oil or natural gas operations and all 55 counties benefit from severance taxes paid by the industry.
Natural gas state severance tax receipts in W.Va. increased from $94 million in 2013 to $162.4 million in 2014, and oil severance tax receipts increased from $11.7 million in 2013 to $25.9 million in 2014.
In 2014, natural gas state property tax contributions in W.Va. totaled more than $71 million.
West Virginia ranks ninth in natural gas production, making it one of the nation’s top energy-producing states.
James Pritt: WV needs to keep up with Ohio, Pennsylvania gas industries
Industry update shines positive light on future of oil, natural gas, and energy
Oil and gas industry thriving in Doddridge County