Axios Generate: “Is the US a Petro-State? No, but It’s Complicated”
RFF Fellow Daniel Raimi is quoted, and his research cited, in this newsletter segment that discusses reliance on fossil fuels for jobs and government revenue.
Yes, but: Reliance on oil and gas revenues and jobs is extremely high for numerous U.S. local and state governments.
- The nonpartisan think tank Resources For the Future has a breakdown.
- In multiple states, oil and gas account for over 10% of state and local revenue; in some cases it's much more, RFF's Daniel Raimi tells me.