Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   

Agricultural News


RFA-Funded Study Credits Ethanol Industry with Creating More than 380,000 Jobs

Wed, 06 Feb 2013 11:54:46 CST

RFA-Funded Study Credits Ethanol Industry with Creating More than 380,000 Jobs
In a challenging year for America's farm economy, domestic ethanol production reached an estimated 13.3 billion gallons - the second highest annual production level in history amidst the nation's worst drought in 50 years.


According to analysis conducted by Cardno-ENTRIX and commissioned by the Renewable Fuels Association (RFA), the production of the estimated 13.3 billion gallons of ethanol directly employed 87,292 Americans. An additional 295,969 Americans found work in positions indirectly affiliated with or induced by ethanol production.


These 383,260 total jobs helped create $30.2 billion in household income and contributed $43.4 billion to the national Gross Domestic Product (GDP).


Last year's second highest annual ethanol production also helped displace 465 million barrels of imported oil worth $47.2 billion.


"This past year, our nation's ethanol industry has demonstrated its efficiency and resilience during one of the worst droughts in half a century. Despite the weather and declining gasoline consumption, our domestic, homegrown industry kept up production, continued to improve the environment, and helped reduce our dependence on foreign oil," said RFA President and CEO Bob Dinneen.


The report, entitled "Contribution of the Ethanol Industry to the Economy of the United States," was completed by Cardno-ENTRIX and can be downloaded here.


Key findings of the report include:

* 87,292 direct jobs

* 295,969 indirect and induced jobs

* $43.4 billion contribution to GDP

* $30.2 billion in household income

* 465 million barrels of imported oil displaced, valued at $47.2 billion in 2012

* $7.9 billion paid in federal, state and local taxes helping support local roads, schools, first responders



   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma Youth Expo Sale of Champions Sale Order Available Here- Sale Set for 4 PM Friday  Fri, 17 Mar 2023 04:50:54 CDT
  • Rural Voters Dominated Vote to Defeat Recreational Marijuana March 7th  Fri, 10 Mar 2023 07:13:05 CST
  • Ron Hays Talks to Israeli Ag Tour Guide Colin Lotzof About the Miraclel of Ag in Israel  Wed, 22 Feb 2023 22:11:04 CST
  • OALP Members Experience First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:51:49 CST
  • OALP Members Get First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:50:10 CST
  • Oklahoma Ag Leadership Program Sees Fruit, Beef and Dairy Production North of the Sea of Galilee in Israel  Mon, 20 Feb 2023 21:56:02 CST
  • Oklahoma Ag Leadership Program Sees Diverse Farm Operations in Jordan River Valley of Israel  Sun, 19 Feb 2023 21:17:30 CST
  • Israeli Tour Guide Mark Kedem Talks About The Cultural Aspects of What Class XX of OALP is Experiencing   Sat, 18 Feb 2023 22:17:23 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       
       
       
       
       

    Search OklahomaFarmReport.com

    © 2008-2024 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.