Californians need ample, affordable and reliable energy to thrive – to power our homes, farms, businesses and schools, fuel our cars, and produce products that we need and use every day. California oil and natural gas producers deliver this energy and generate local jobs, government revenues and economic growth.
While other industries like entertainment and technology dominate headlines, the energy industry quietly elevates Californians to the middle class and provides affordable energy resources that improve the quality of all Californians’ lives. The oil and natural gas industry’s economic activity in the state added $59 billion in value – or 2.1 percent of the state’s gross domestic product – in 2017, based on a 2019 study by the Los Angeles County Economic Development Corporation. The major ongoing investments of California oil and natural gas companies generated $26 billion in labor income, supporting jobs and careers in a wide range of sectors including construction, manufacturing and public safety.
The local oil and natural gas industry enables us to consume energy that is produced in California, by Californians, for Californians. The Golden State is one of the most prolific oil and natural gas producing regions in the world and the seventh largest oil producing state in the nation in 2019.. Yet, even with these abundant resources, California still imports more than 70 percent of the oil and 90 percent of the natural gas consumed in the state.
As the state’s largest oil and natural gas producer, California Resources Corporation (CRC) takes pride in providing energy that is critical to our local economy and our state. In an effort to inspire energy literacy and provide facts and information about the industry, CRC's PoweringCalifornia.com website highlights the importance of developing the state’s local energy resources to reduce dependence on imported energy, the dedication of our workforce to health and safety, the efforts made by California oil and natural gas producers to conserve water and protect the environment, and the economic contributions of our industry.