Benefits of Oil & Gas to Alaska


The oil and gas industry is vital to Alaska. In addition to thousands of well-paying jobs and billions in state revenue for the PFD and essential services, the industry contributes significantly to social and educational programs throughout the state each year.

$4.5 B
State & Local Revenue
(FY22)
69,250
Alaskan Jobs Supported
(Direct/Indirect)
$4.6 B
Spending with Local Businesses
(Annual)

How Does Alaska’s Oil and Gas Industry Affect You?

The oil and gas industry has the highest economic multiplier in Alaska. For each Primary Company job, the oil and gas industry supports 15 additional jobs elsewhere in Alaska.”

РMcKinley Research Group, The Role of the Oil & Gas Industry in Alaska’s Economy, November 2023