Community Energy Center

“Staycations” – vacations at home or nearby home – were a huge hit last year as the world was grappling with the COVID-19 pandemic. This summer, Americans are anxious to get away, but with air and rail travel still experiencing restrictions, many vacationers are opting for the good ole’ family road trip.

Last year at this time, the national average for one gallon of regular gasoline was $2.20. Just this week, the national average had jumped to $3.16 per gallon. Analysts say that prices at the pump are likely to stay above $3.00 per gallon through the summer.

Consumers may … Read More >>

Washington, D.C.—The U.S. Department of Energy (DOE) today hosted a roundtable, “Investing in America’s Energy Sector: An Opportunity to Recover and Build Back Better” to share the findings of the 2021 U.S. Energy Employment Report (USEER). The study began in 2016 to better track and understand employment within key energy sectors. Today’s release marks the return of the report management to the agency, after being produced externally since 2017. Prior to the COVID-19 pandemic, the energy sector had been one of the country’s fastest growing job markets. From 2015 to 2019, the annual growth rate for energy employment in the United States was 3%—double compared to 1.5% in the general economy. In 2020, following wide-spread economic losses due to the pandemic, USEER analysis … Read More >>

by Edd Pritchard

The oil and natural gas industry plays a key role in the national economy, supporting more than 11.3 million jobs around the country, including 375,000 in Ohio, a new study says.

Nationwide, the industry accounts for 5.6% of total U.S. employment and 5.3% of the Ohio’s employment, according to the 134-page study commissioned by the Washington, D.C.-based American Petroleum Institute. It produced $892.7 billion in labor income, including $24.7 billion in Ohio.

The study, released Tuesday, examined 2019 data.

Economic impact: An American Petroleum Institute study details the oil industry’s effect on the economy.

The industry has generated an … Read More >>