The Impacts of U.S. Crude Oil Exports

A new state-by-state analysis shows that 18 U.S. states could gain over 5,000 jobs each in 2020 from exports of U.S. crude oil. The U.S. is poised to become the world’s largest oil producer, and access to foreign customers will create economic opportunities across the country.

When it comes to crude oil, the rewards of free trade are not limited to energy producing states. New jobs, higher investment, and greater energy security from exports could benefit workers and consumers from Illinois to New York, especially in areas where consumer spending and manufacturing drive growth.