That same boom, which harnesses drilling transportation and other labor-intensive factors, provides an ancillary boost to manufacturing that some say could eventually displace it.
In a study released in early February, The Boston Consulting Group said shale gas "will have a greater impact on U.S. manufacturing over the next several years than is commonly assumed," as cheap gas makes manufacturing more competitive—and becomes a major source of jobs and growth in its own right.
"The U.S. is without a doubt a massive leader in fracking," said Hal Sirkin, a senior partner in the Chicago office of BCG, in an interview. "It creates a boom in prices, but at same time allows exporting technology, and people who make that technology, to other countries."
One way the energy resurgence is helping is by providing industries as well as consumers, with inexpensive fuel that acts as a tax cut. According to BCG's research, wholesale nat gas prices have fallen by around 50 percent since 2005. By 2015, natural gas will account for a slim 2 percent of U.S. manufacturing costs, the study added.
"This is why our economy is starting to wake up," Sirkin said. "We are looking like a growth country compared to developed countries and emerging markets."
(Read more: For economy, best of energy surge is yet to come: IHS)
Oil and gas employment has been one of the few sources of job growth in a fallow labor market, with direct employment soaring 40 percent since 2007. According to a study by consulting firm PriceWaterhouseCoopers, the shale revolution may add as much as one million manufacturing workers by 2025, due "to benefits from affordable energy and demand for products used to extract the gas."
(Read more: Shale boom may create jobs in nonfracking states: Report)