Energy Tomorrow Blog
Posted April 4, 2018
Against the backdrop of the natural gas and oil industry’s focus on developing its workforce of the future, we’re excited to be a part of twin events emphasizing STEM this week and weekend in Washington, D.C. – the US News/STEM Solutions Workforce of Tomorrow conference and the USA Science & Engineering Festival – both at the Walter E. Washington Convention Center. Look for us at the Power Past Impossible and Energy Citizens booths in convention center’s expo hall.
Posted March 29, 2018
Women continue to advance in the natural gas and oil industry. Yes, there’s more progress to be made – and it will be made – yet, it’s clear the old narrative that our industry remains the realm of men is just so yesterday – yesteryear, really.
This week Royal Dutch Shell announced former Maersk Oil CEO Gretchen Watkins will become president of its North American operations. Last week, Susan Dio was named chairwoman and president of BP America. There are other recent examples, including Julie Robertson, president and CEO of Noble Corporation and Vicki Hollub, president and CEO of Occidental Petroleum.
Posted March 7, 2018
What if I told you that this year’s International Women’s Day theme, #PressforProgress, fits perfectly with the gains that women have made in the natural gas and oil industry? While it’s true that too often I am one of a few women in the room at industry events, that paradigm is shifting.
Here’s the good news: Nearly half of women employed in the industry work in management and professional jobs, a number that is expected to grow through 2035. The growing numbers of women in natural gas and oil are encouraging, but it’s not enough.
According to a recent API study, the industry must do more to raise awareness of industry opportunities for women and minorities, who are expected to fill nearly 40 percent of the 1.9 million natural gas and oil job opportunities through 2035. This isn’t just a feel-good sentiment, our industry’s ability to continue to grow and innovate depends on our ability to attract women and minorities to our ranks.
Posted March 6, 2018
API started hosting its “Women in Energy” reception at the IHS CERAWeek conference a few years ago to highlight the contributions of women in our industry, as well as the opportunities for future careers.
Posted November 29, 2017
Posted July 19, 2017
As America’s natural gas and oil companies continue to develop their workforce of the future, they’ve got a great story to tell. Make that stories – of opportunity, cutting-edge technologies and key contributions toward environmental goals, just to name three. The competition for those workers will be vigorous. A recent survey by EY indicated some younger Americans can learn more about how natural gas and oil companies and refiners are developing the energy that our country will need for decades to come – safely and responsibly. Discussing the important contributions industry and its employees are making to Americans’ quality of life will address questions some may have.
Posted March 8, 2016
The oil and natural gas industry will offer employment opportunity for women and minorities over the next couple of decades. So says a new report by consulting firm IHS, which projects significant job gains for women, African Americans and Hispanics between now and 2035.
IHS estimates that by 2035 Hispanics and African Americans will hold nearly 40 percent of the 1.9 million direct jobs in the oil and natural gas and petrochemical industries, with 16 percent of the jobs being held by women.
Posted June 10, 2015
The video below was featured during last week’s Big Brothers Big Sisters (BBBS) National Conference in Philadelphia, which highlighted the organization’s efforts to mentor at-risk youth. Take a look. “Darryl’s Story” is a compelling example of the positive effects of adult role-modeling – the good that can result when kids learn to dream big and then to work on their dreams. The energy connection: For Darryl, the journey took him to the oil and natural gas industry.
As an industry that’s creating opportunities that can be the realization of aspirations for fulfilling, well-paying careers, API is proud to partner with BBBS. The great news is that the oil and natural gas industry needs more Darryls, more young men and women who want to be geologists, engineers, chemists and the other specialties that comprise our modern workforce.
Posted June 4, 2015
A big event in Denver this week, highlighting the career opportunities for women in the oil and natural gas industry. “Women in Power” was attended by about 150 of Denver’s most influential female leaders and launched a larger Colorado initiative designed to help attract women to the industry and to retain them for life-long careers.
The Denver event was keynoted by Democratic strategist Celinda Lake and Republican strategist Linda DiVall, co-authors of a study released earlier this year that found the chief factor in increasing female representation in the oil and natural gas industry workforce is making them aware of the benefits of industry employment – including pay and security benefits and the chance for career advancement.
Posted April 30, 2015
The Hill’s Congress Blog (Weinstein): In response to significantly lower oil and natural gas prices, America’s energy sector is retrenching rapidly. The drilling rig count has dropped by more than 50 percent over the past year, while companies large and small have announced sizeable layoffs and cuts in their capital budgets for 2015 and 2016. Nonetheless, several states, including Pennsylvania and Ohio, are considering imposing or hiking production taxes—called severance taxes—on oil and gas operators. These increases will be in neither the public’s nor the industry’s best interests.
Governors and state legislators should keep in mind that in today’s competitive environment, producers in their states are simply “price takers.” What this means is that any factor increasing the marginal cost of production, such as new or higher severance taxes, will put that state’s operators at a competitive disadvantage. The result will be lower production today and diminished investment in the future.
What’s more, as the experience of Texas and other energy producing states has demonstrated over the years, severance taxes are not dependable revenue sources because they rise and fall with changes in output and price. With prices for oil and natural gas expected to remain low for an extended period, their contribution to total state revenues is likely to be quite small and not enough to offset any sizeable cuts in other taxes. In addition, it’s never good public policy to increase the tax burden one specific industry as opposed to imposing or hiking taxes generally across all industries.