Economic Contribution of the Petroleum Industry to North Dakota

North Dakota’s largest basic sector industries, which include agriculture, manufacturing, and energy, provide much of the economic stimuli for the state’s economy. These large industries are generally comprised of distinct sectors or economic groups. North Dakota’s energy industries can be conveniently separated into the activities that produce and distribute electricity, coal, and petroleum. North Dakota’s rank among the nation’s top 10 oil producing states is common knowledge to those in the petroleum sector. Yet, despite the obvious importance of oil and gas production to North Dakota, ther