Petroleum

Petroleum Refining and Chemical Products Industry Statistics

  • Chemical products accounted for 24% of the value of all manufacturing shipments in Texas
  • Petroleum refining and chemical products account for 870,00 Texas jobs and $3.6 billion in annual state revenues
  • On average, a $1 increase in orders from a Texas petrochemical plant generates $2.33 of business in the state economy and increases personal income by $.45
  • Texas is home to 23 petroleum refineries, including half of the 12 most productive refineries in the U.S.
  • In all regions, there is a strong relationship between the petroleum refining and chemical products industry and the local community colleges. Texas was the number one petroleum-consuming state in 2005

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