The Wall Street Journal’s Mark Peters and Isabel Ordonez wrote an article on how the surging demand for oil sand operations has created a nice energy boom in parts of our country. The authors also point to a recent economic impact study that EMSI completed for Wood County, Wisconsin:
A study of Wood County by Economic Modeling Specialists Inc. projects that sandmining could add nearly 930 jobs over the next eight years, mostly in mining, processing and trucking, while new annual revenues to county and local governments could reach nearly $2.6 million. Similar gains are likely in other counties, but statewide estimates aren’t available. “It has been an absolute benefit to the economy,” Mr. Pliml said. “We are seeing another way for our economy to diversify.”
Check out the article. If you are interested in the research we did, contact Rob Sentz (email@example.com).