This goes a LOT farther than just oil and gas jobs. On the upstream end, manufacturing, from tubular steel to mud pumps, wire rope, electronics for the industry, vehicle fleets from pickups to heavy trucks, and so much more. On the downstream end chemical feedstocks for plastics and anything made from them, from tupperware to car parts, medical hardware and the plastic wrap that keeps it sterile, pharmaceuticals, and a host of other industries would be impacted.
Basically, it is a way for them to kiss up to his Chinese Masters and slap down one of the most Conservative industries in the nation.
They think Natural Gas can replace oil, but over 50% of the wells out there in the US produce both. Natural Gas is a byproduct of oil production.