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

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.