The energy sector brings significant income into the Richmond economy. Energy generally require many more middle-skill jobs than most other industries.
These middle-skill jobs are in high demand nationwide, and are a particular strength of the Richmond economy. Additionally, this cluster is highly concentrated and specialized in Richmond. Other Richmond businesses (outside of oil and gas) are heavily dependent on the energy cluster. In particular, two other strong clusters in Richmond, professional and technical services and specialty trade contractors, are currently supplying 31% and 69% of the oil and gas industry’s need for these services.