Layoffs, oil, oil industry jobs

Low Prices and Federal Policies Reducing Oil Industry Workforce

By Institute for Energy Research —— Bio and Archives--April 30, 2015

Global Warming-Energy-Environment | Comments | Back To Full Article

The decline in oil prices has meant much lower gasoline prices for the consumer, which is a good thing for many Americans who drive to work or take driving vacations. But, the oil industry’s workforce is not faring well because low oil prices means less money to invest in drilling new oil wells and with fewer wells comes lower employment.

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