Here's Where You'll Find All Of America's Oil And Gas Jobs

We recently noted that falling oil prices will probably not have a huge impact on job growth nationwide.

But there are parts of the country where the oil industry is critical for employment.

To get an idea of what areas will be most affected by a drop in oil prices, Trulia chief economist Jed Kolko posted this map showing where oil and gas industry jobs are most concentrated, based on the Census Bureau's 2012 County Business Patterns program. This includes both regions traditionally big in oil production, like the Gulf Coast and Alaska, and places like North Dakota and Pennsylvania that have been the beneficiaries of the shale-oil boom:Trulia

 In the post, Kolko focused on how oil prices were likely to affect housing markets around the country. Kolko and his team analyzed historical trends in oil and housing prices from 1980 until the present and found two big results: 

If the present oil shock continues, we might see economic pain followed by a drop in housing prices in oil-producing areas, while the reduced cost of living in oil-consuming areas could give a nice economic and housing market bump.

For more, check out Kolko's post on Trulia here.