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As unconventional U.S. oil, gas boom,so do jobs: report

Reuters --
The U.S. oil and gas rush is cutting into jobless numbers, supporting a total of 1.7 million jobs this year, a number that will swell to almost 3 million by 2020, a leading consultant said in a study released on Tuesday.

The report by forecaster IHS Global Insight is part of a series attempting to quantify the impact that booming production of so-called "unconventional" oil and gas has had on the American economy.

Using new technology to blast fossil fuels trapped in shale rock has transformed the U.S. energy sector.

After five years of rapid growth, unconventional oil accounts for about 2 million barrels per day of U.S. production in 2012, IHS said. Total U.S. crude oil production is expected to average 6.3 million barrels per day,


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Submitted Oct 24, 2012 By: RENEGADEGAS
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: As unconventional U.S. oil, gas boom,so do jobs: report Back to Topics
REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Message Posted: Oct 28, 2012 8:07:18 AM

As long as Americans on average waste lots of energy, we will never be energy safe, let alone, independent.
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7SPEEDY7
Champion Author Flint

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Message Posted: Oct 28, 2012 12:44:33 AM

Interesting!!
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honda0105
Champion Author Tallahassee

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Message Posted: Oct 27, 2012 5:56:05 AM

where there's a boom, there follows a bust eventually.
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wshutton
Champion Author Albuquerque

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Message Posted: Oct 25, 2012 2:38:59 PM

Now that the price supports it, time for both more uncon oil and renewable energy development.
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bston
Champion Author Oklahoma City

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Message Posted: Oct 25, 2012 11:27:41 AM

Time will tell if this supports the numbers.
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sydb7
Champion Author Atlanta

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Message Posted: Oct 25, 2012 8:56:39 AM

Fossil-fuels are non-renewable! Develop alternative fuels now!
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nb52
Champion Author Grand Rapids

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Message Posted: Oct 25, 2012 6:26:03 AM

More US jobs is a good thang.
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Ahking
Champion Author Orange County

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Message Posted: Oct 25, 2012 12:23:48 AM

in the long term, oil use will diminish. if a lot of people work in oil, 20 years from now, they will be out of a job or need to be retrained.
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ican2step
Champion Author Pittsburgh

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Message Posted: Oct 25, 2012 12:07:11 AM

Enough jobs to get everyone off welfare?
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pastorpaulcg
Champion Author Virginia

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Message Posted: Oct 25, 2012 12:06:42 AM

Sweet
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TSgtCarverRetired
Champion Author Detroit

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Message Posted: Oct 25, 2012 12:04:21 AM

Wonder if there will be enough refineries to process the crude oil?
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rahcat
Champion Author Grand Rapids

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Message Posted: Oct 25, 2012 12:02:40 AM

Won't last if Obama is reelected.
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yakstar
Champion Author Montreal

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Message Posted: Oct 25, 2012 12:02:28 AM

what me worry?
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diesel8888
Champion Author Salt Lake City

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Message Posted: Oct 25, 2012 12:02:15 AM

Ok
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ddwilz
Rookie Author Florida

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Message Posted: Oct 24, 2012 11:57:47 PM

So where are these jobs then?
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Fitwit
Champion Author Stockton

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Message Posted: Oct 24, 2012 11:57:37 PM

2 million barrels per dat of U.S production in 2012, sounds good.
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Focus2
Champion Author Illinois

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Message Posted: Oct 24, 2012 11:57:20 PM

They may hire illegals for the dirty jobs Americans don't want.
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clermont40miles
Champion Author Cincinnati

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Message Posted: Oct 24, 2012 11:56:52 PM

Good to see jobs and energy.

Don't let BHO & Co. find out or they'll squash both.

Green is red.
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kbierley
Champion Author Dayton

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Message Posted: Oct 24, 2012 11:55:55 PM

Oil is the U.S. Economic Life Blood. Yes, it would be nice to move off of Oil, but the Tech, and Markets are still Oil driven. The other energy tech still needs to be developed in order to replace oil and coal.
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mstearno
Champion Author Dayton

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Message Posted: Oct 24, 2012 11:52:12 PM

romney will make this segment grow
instead of food stamps
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Cableman66
Champion Author North Carolina

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Message Posted: Oct 24, 2012 11:51:52 PM

Just wait the EPA will screw this up as well.
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TFowler513
Champion Author Memphis

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Message Posted: Oct 24, 2012 11:50:26 PM

Not enough jobs. Economy still in the toilet!!!
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bonzoonfmb
Champion Author Florida

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Message Posted: Oct 24, 2012 11:47:10 PM

Not many workers are suited for those kinds of jobs.
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jalan25
Champion Author Indianapolis

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Message Posted: Oct 24, 2012 11:45:38 PM

Certainly not a government bailout
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abcdMA
Champion Author Worcester

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Message Posted: Oct 24, 2012 11:44:02 PM

all without government help
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unicornIL
All-Star Author Chicago

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Message Posted: Oct 24, 2012 11:41:44 PM

ok
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us4usa
Champion Author Missouri

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Message Posted: Oct 24, 2012 11:35:21 PM

Who said "under my plan prices will be higher"???
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BREW9
Champion Author Tampa

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Message Posted: Oct 24, 2012 11:35:08 PM

great
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bvrbill
Champion Author Eugene

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Message Posted: Oct 24, 2012 11:33:23 PM

Sounds like a win-win. More American jobs and more domestic energy production.
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knot2swift
Champion Author Calgary

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Message Posted: Oct 24, 2012 11:31:45 PM

Yup...No thanks to worthless Obama. The man is truly "Green". By that I mean "Born Yesterday And Not Ripe For The Job".

The US Mid West will indeed open up to Shale Oil and Shale Gas. The East will open up to Shale Gas.

That's where the jobs are so...Get "Fracking" on with your job.
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kd5kpd
Champion Author Texas

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Message Posted: Oct 24, 2012 11:29:08 PM

Good, we need more jobs.
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5Golfer8
Champion Author Tucson

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Message Posted: Oct 24, 2012 11:28:29 PM

No jobs around here and with Democrat policies there are none in sight for the future.
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miiike572
All-Star Author Phoenix

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Message Posted: Oct 24, 2012 11:27:53 PM

As long a Barry is out of a job Jan 20 the oil, gas boom will stand a chance.
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oppdetcon
Champion Author Ottawa

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Message Posted: Oct 24, 2012 11:27:31 PM

OK
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30mpg80
Champion Author Lexington

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Message Posted: Oct 24, 2012 11:26:32 PM

It is there, just waiting to be fracked
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MadTraveler
Champion Author Idaho

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Message Posted: Oct 24, 2012 11:25:50 PM

Yep. No thanks to Obama.
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tco9436
Champion Author Connecticut

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Message Posted: Oct 24, 2012 11:24:54 PM

OK
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Goofoff
Champion Author Virginia

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Message Posted: Oct 24, 2012 11:24:31 PM

I read this article
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WIPACKERFAN
Champion Author Chicago

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Message Posted: Oct 24, 2012 11:23:08 PM

OK
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Crumbfel
Champion Author Virginia

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Message Posted: Oct 24, 2012 11:19:30 PM

Hire now and stop talking about it
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gumbyrex
Champion Author Fresno

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Message Posted: Oct 24, 2012 11:15:00 PM

And people complain about the huge profits oil companies make. I'll take the increase in jobs and don't mind if it measn the oil companies making big bucks.
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mcmonsta
Champion Author Honolulu

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Message Posted: Oct 24, 2012 11:14:34 PM

boom in oil usually flows down the line
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listerone
Champion Author Boston

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Message Posted: Oct 24, 2012 11:12:46 PM

Good
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jrsva
Champion Author Virginia

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Message Posted: Oct 24, 2012 11:11:30 PM


Let’s hope it does not bring with it an environmental disaster that would plague us for decades. Lots of nasty stuff being pumped into the ground without much evident concern.
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wayoung56
Champion Author Alabama

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Message Posted: Oct 24, 2012 11:07:43 PM

Interesting article...
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serrog
Champion Author Nova Scotia

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Message Posted: Oct 24, 2012 11:06:43 PM

ok
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MDTDriver
Champion Author California

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Message Posted: Oct 24, 2012 11:00:03 PM

Ok we do have oil in the USA still!
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Mustache_33
All-Star Author Toronto

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Message Posted: Oct 24, 2012 10:57:47 PM

hm
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jimpricehunter
Champion Author Dallas

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Message Posted: Oct 24, 2012 10:56:18 PM

Sounds like it still helps less than 1 out of every 200 people in this country. Think of it that way.
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EvPv
Champion Author Maine

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Message Posted: Oct 24, 2012 10:56:02 PM

I imagine the tangent effect for retail and service jobs in the oil regions is more money for the burger flippers :)
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