Montana Petroleum Association, Inc. P.O. Box 1186
Helena, MT 59624
406.442.7582

Montana Petroleum Report

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Economic & Fiscal Impacts

 Oil & Gas Industry in Montana

*Charitable Contributions: After receiving completed surveys from just five of our 220+ members, donations to local schools, infrastructure, charities, first responders, medical centers, college scholarships, roads, and fire departments already total more than $3 million in Montana. 


Employment by occupation, 2011                        Direct Impact         Indirect Impact

Extraction of oil/natural gas                                  3,871 jobs                    6,452 jobs

Drilling oil/gas wells                                             456 jobs                       865 jobs

Support activities for oil/gas operations                1,622 jobs                    3, 618 jobs

Petroleum Refineries                                             1,050 jobs                    8,398 jobs

Transport by pipeline                                            500 jobs                       1,586 jobs        

TOTAL                                                                7,499 jobs                    20,920 jobs  

County Property Tax Revenue       

  • In 2011, MT refineries paid nearly $21 million *This total has increased 90% over the previous five years

State Income Tax Revenues

  • Over 15,000 businesses paid an estimated $20 million in state corporate income taxes

Production Tax Revenue

  • Oil/gas wells generated $230 million in prod. taxes, $150 million was distributed to counties where production took place (47% to governments & 42% to county schools)

Estimated 2011 Pipeline Property Taxes

  • TOTAL Statewide $57,502,643

Yellowstone County, 2011

  • Property Taxes
    • 3 refineries = combined assessed value of $1.5 billion
    • Montana collected $39 million in property taxes, Billings collected $32 million
    • Property taxes paid by 3 refineries account for more than $19.6 million OR one-quarter of total city and county property taxes paid
  • Jobs
    • Oil/gas industry employs over 3,500 workers & pays over $248 million
    • An additional 8,600 jobs are supported by local spending
    • Oil/gas industry is the source of 10% of all county wages, salaries, and benefits

Estimated 2011 Pipeline Property Taxes by County

  • Roosevelt $6,299,132
  • Carter $6,203,864
  • Fallon $5,094,555
  • Valley $4,778,430
  • Glacier $3,179,734
  • Carbon $2,764,769
  • Richland $2,559,403
  • Yellowstone $2,510,638
  • Hill $2,369,930
  • Dawson $2,216,280
  • Rest of Montana $19,492,909
  • TOTAL $57,502,643

 

 


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