The Tennessee oil and gas industry is rapidly growing. In the last year, the total value of the state’s oil and gas production increased by 10%, which led to a 15% increase in employment in the sector. The article discusses why Tennessee is such a great place for this industry to thrive with tons of natural resources and a booming manufacturing economy.
What is the Oil and Gas Industry?
The oil and gas industry is one of the most rapidly growing economic engines in Tennessee. The reliable Tennessee oil and gas industry directly employs more than 4,000 people in the state and supports tens of thousands of additional jobs through its indirect impact.
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The oil and gas industry is also one of the most diverse economic sectors in Tennessee. It includes companies that produce oil and natural gas, as well as those that provide services related to energy production.
Tennessee's oil and gas industry has a long history, dating back to the early days of drilling in the state. Today, the sector is booming due to advances in drilling technology and the increasing demand for energy around the world.
There are many opportunities available to those looking to pursue a career in the oil and gas industry in Tennessee. With its rapidly growing economy, the state is well-positioned to capitalize on this trend, and those looking to join the ranks should do their research early on.