Saturday, March 9, 2019

Bakken Workforce Is Changing: Fewer Temporary Workers; More Long-Term Workers

This is pretty funny. The Bismarck Tribune says a recent study showing the Bakken maturing. Not many years ago, the Williston Basin was well beyond mature, some might have said, "dead."

So, now, we're maturing. Whatever. But it does mean that the workforce is changing.

By the way, Geoff Simon noted the same thing in his top stories of the week (posted earlier today).

From the linked article, the data points:
  • more long-term jobs to maintain production and fewer temporary workers
  • oil industry impact on state's economy in 2017: $32.6 billion
  • the study suggests that ND would have fewer frack spreads filled by temporary workers and more jobs in production, transportation, and processing of oil and gas
  • 2015: temporary and long-term workers about equal for the first time
  • 2016 - 2018: long-term workers became the larger sector
  • "happened faster than we thought"
Huge implications for housing, school, entertainment, big box stores, hotels/motels, restaurants, bars, etc.

*************************************
Best Book Ever

Well, perhaps, perhaps not. But it's a great book. If you want to learn a lot about world history, politics, science, human nature, geography, etc, etc., I would have trouble recommending a book better than The Making Of The Atomic Bomb, Richard Rhodes, c. 1986.

Right now I'm reading about the "making" of the modern US Air Force.


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