While many people recognize Louisiana for Mardi Gras and its rich influence of Creole culture, its strength as a natural gas producer often flies under the radar. The Bayou State has one-tenth of the nation’s natural gas reserves, providing an estimated 10.7 percent of America’s natural gas supply. Today, advanced techniques in gas production, like fracking, along the Haynesville Shale Play have contributed more energy and prosperity to the state.
Louisiana’s oil and natural gas industry supports more than 412,000 jobs – that’s 6.2 percent of the state’s total employment. And the state’s labor income comes to $24.2 billion annually, an unsustainable figure without contributions from oil and gas. What’s more, from 2012-2013, the industry saved Louisiana state and local governments $7.7 million, public schools $16.4 million, and more than 200 teaching jobs. What an impact!