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  • Permian, Bakken Wages Soar From 2000-2015June 1, 2016

    As onshore oil and natural gas development grew, so did several U.S. metropolitan areas, with the Permian Basin and Bakken Shale reaping the biggest benefits for wage earners from 2000 to 2015, a Pew Research Center analysis has found.

    Metropolitan areas of the United States that directly benefited from the boom in U.S. oil and natural gas growth since 2000 enjoyed some of the biggest gains in their buying power, while smaller manufacturing-oriented cities saw their buying power shrink over the same period, according to a review of Bureau of Labor Statistics (BLS) data. Pew based its comparisons using third quarter data because wage patterns in most places “are strongly seasonal.”

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