According to the World Economic Forum (WEF), the Oil Industry created few new U.S. jobs in 2011.  Of course that’s not how the main stream media is reporting it.

In 2011 the cash obese oil industry created only 9% of new jobs in the United States! In actual numbers that’s 37,000 jobs.  The WEF claims that those 37,000 oil industry jobs resulted in another 111,000 “indirect” jobs being created.  That’s a drop in the bucket compared to the millions still looking for work!

Now realize that the U.S. oil industry is considered to be “…in the midst of its biggest boom in a generation…”  Wow, and they created only 148,000 direct and indirect jobs in 2011?