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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