Denver has just been named the third best city in the world for oil and gas -- beating out other well-known oil-producing cities such as Houston.
In fact, Denver was the only U.S. city to make the list, which was compiled by the Houston-based Rigzone. Rigzone polled nearly 8,000 leaders in the field to determine the rankings, which were released Monday. Dubai was ranked the top oil and gas city, and Calgary was second.
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A report from the Institute for 21st Century Energy says Colorado’s oil and gas industry already has a lot and is on track to create even more in the next 30 years. The state was tenth overall for traditional energy jobs. With more than 77,000 jobs supported by shale activity now, employment is expected to grow to more than 121,300 in the next seven years, and to 175,360 by 2035.
Read the full article at KUNC Denver.