The article examines how oil and gas price shocks affect economic growth in different US states. It looks at three types of price shocks and finds that they have small but significant effects on state economies. Importing and exporting states are impacted differently, with importers and exporters experiencing varying effects. Positive and negative price shocks have similar effects overall, but there are significant differences between states. The study also shows that price shocks can have small but important spillover effects on neighboring states.