Energy Tomorrow Blog
Posted September 9, 2014
One way to measure the positive impact of America’s oil and natural gas industry is the 9.8 million jobs it supports nationally, accounting for 5.6 percent of total U.S. employment. Another way to look at our industry’s economic breadth is the size and diversity of supporting businesses, reaching into every state in the union and the District of Columbia.
That’s what you see in a new vendor supply survey unveiled this week, listing 30,000 operators, contractors, service companies, suppliers and other vendors that support oil and natural gas operations. Even if there isn’t an oil or natural gas well site near where you live, chances are good a business that supports the oil and natural gas industry is.
Posted September 8, 2014
A final word on a recent op-ed attack on hydraulic fracturing by a Natural Resources Defense Council policy analyst – an especially glaring example of the way the anti-fracking crowd often kicks the facts to the curb while trying to undermine public support for safe, responsible drilling, the No. 1 reason for America’s energy revolution.
Quick review. We’ve already shown that federal and state regulatory regimes – with industry standards – are protecting the environment, drinking water supplies and communities. We’ve detailed how horizontal drilling has been around for decades, that advanced fracking is safe and beneficial, and that the resulting surge in natural gas production and use is largely responsible for reducing U.S. energy-related carbon dioxide emissions to their lowest level since 1994.
Now let’s talk jobs – one of our favorite subjects because the oil and natural gas industry supports 9.8 million of them, or about 5.6 percent of total employment in this country.
Posted June 12, 2014
API has a new website – Oilgasworkforce.com – launched to help meet the twin challenges of attracting the workers needed to sustain and grow America’s energy revolution, as well as provide the next generation of employees to replace those who will be retiring in the next few years.
The new website is an easy-to-use portal for those interested in industry-related jobs, training and more – offered in both English and Spanish versions. John Modine, vice president of Global Industry Services, discussed the site during a conference call with reporters:
“Not only are there tremendous opportunities brought about by shale development, the oil and gas industry is at the beginning of what insiders are calling the ‘great crew change,’ where a new generation of employees is needed to replace a huge retiring workforce. … The bottom line is that in order to maintain America’s status as a global energy leader, we will need an ‘all hands on deck’ approach to recruitment and retention of the next generation of oil and natural gas workers, which is the fundamental goal of www.oilgasworkforce.com.”
Posted April 25, 2014
A couple of the main points in API President and CEO Jack Gerard’s speech to the STEM Solutions National Leadership Conference in Washington this week:
- America’s oil and natural gas industry offers the careers to attract motivated science, technology, engineering and math graduates – and it needs them.
- Industry’s dynamic job-creating ability must be sustained through strategies and policies that allow it to continue to be a global energy leader.
Kudos to U.S. News & World Report for hosting the conference that attracted so many bright young people – including one of the youngest people to visit the North and South Pole and a teen-ager who developed an early detection test for pancreatic cancer. Gerard used the opportunity to underscore the oil and natural gas industry’s need for science and technology workers.
Posted March 20, 2014
A new study conducted for the U.S. Conference of Mayors underscores the significant economic link between America’s energy renaissance and a surge in U.S. manufacturing job creation and business activity. Some of the key findings in the IHS Global Insight study:
- Abundant supplies of natural gas and oil lowered costs and increased refining volumes, resulting in a surge in plastic, rubber, resin and chemical manufacturing. These industries saw a combined employment increase of 2.6 percent across all metropolitan areas (2011-2012).
- Energy-intensive manufacturing added more than 196,000 jobs and increased real sales by $124 billion in the nation’s metro areas from 2010-2012.
- Energy-intensive manufacturing will expand by more than 1 percent annually nationwide through 2020, with 72 percent of those jobs going to U.S. metro areas.
Posted March 12, 2014
I had an interesting – and very timely – conversation with the first group of API Fellows last week at IHS CERA’s mega-energy conference in Houston. Interesting – because these highly motivated men and women surely will be part of the next generation of industry leaders Timely, because a new IHS study projects great industry opportunities in the future for minorities and women.
Posted March 10, 2014
A new report on the employment outlook for minorities and women in the oil and natural gas and petrochemical industries can be summed up in two words: tremendous opportunity. The study by consulting firm IHS projects that minorities will fill one-third of jobs in these industries by 2030 – up from one-quarter in 2010.
Jane Van Ryan
Posted October 28, 2010
access domestic energy domestic jobs energy policy foreign oil gulf of mexico gulf oil spill moratorium offshore drilling offshore drilling moratorium oil and natural gas jobs oil rigs deepwater rigs small businesses
Posted October 4, 2010
Jane Van Ryan
Posted October 4, 2010