Breitling Oil and Gas Morning Podcast #50 April 4th, 2012

Lets look at some facts about what is oil and gas doing for America

The oil and natural gas industry pays the federal government approximately $86 million a day in taxes

America has enough oil and natural gas to power 65 million cars for 60 years.

Royalty revenue from energy production provides the U.S. Treasury with more than $25 million each day.

Increased domestic shale development could add as many as 317,000 American jobs by 2015.

The oil and natural gas industry supports more than 9.2 million U.S. jobs.

Greater Canadian oil sands production could create more than 500,000 new U.S. jobs

America has enough oil and natural gas to heat 60 million households for 160 years.

The oil and gas industry invested more than $2 trillion in U.S. capital projects since 2000.

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