Armstrong helps highlight study showing positive economic impact of oil and gas industry in ND

The oil and natural gas industry is crucial to North Dakota economic stability.
The oil and natural gas industry is crucial to North Dakota economic stability.

The oil and gas industry in North Dakota remains a powerhouse for the state’s economy, accounting for more than $48.8 billion in gross business volume and over 63,000 jobs in 2023, according to a study highlighted by Gov. Armstrong, a researcher from North Dakota State University and industry officials.

“The oil and natural gas industry continues to be a major force in North Dakota’s economy, benef…