Oil, Gas Boom To Create 3.5 Million Jobs By 2035, Industry Report Claims

fracking new jobs
fracking new jobs

By Roberta Rampton

The U.S. oil and gas boom is cutting into jobless numbers, supporting a total of 1.7 million jobs this year, a number that will swell to almost 3 million by 2020, a leading consultant said in a study released on Tuesday.

The report by forecaster IHS Global Insight is part of a series attempting to quantify the impact that booming production of so-called "unconventional" oil and gas has had on the American economy.