The U.S. energy boom is creating many new jobs here in America. According to the American Petroleum Institute, investments in updating U.S. energy infrastructure alone could generate an estimated $1.14 trillion in capital investments - creating both jobs and energy savings from now until 2025.
Investments in building, maintaining and updating the oil and natural gas industry's transportation and storage infrastructure could contribute up to $120 billion to the economy per year.
And investment in the infrastructure that moves and transforms oil and gas into everyday products could support as many as 1.15 million jobs on an average annual basis - including 830,771 jobs in pipeline construction alone.
(more on how oil and gas are energizing U.S. job market...)
