Nothing New For Regular Readers
Rigzone is reporting:
The oil and natural gas industry has played an instrumental role in
the recovery of the United States economy following the economic
recession, the Energy Information Administration (EIA) said in its Today
in Energy brief released on Thursday.
To put into perspective just how much the energy sector contributed
to economic growth, consider that total private sector employment
increased by more than one million jobs, or about one percent, during
the six-year period of 2007 through 2012. The growth of oil and gas
industry jobs alone during the same period increased by more than
162,000, or an increase of about 40 percent, the EIA said.
Three job categories – drilling, extraction and support – combined
for much of the growth in oil and natural gas industry jobs – jobs that
kept a support floor under private sector employment figures.
There were more than 90,000 drilling jobs by the end of 2012,
according to the Labor Department’s Bureau of Labor Statistics (BLS).
That was an increase of 6,600 jobs since 2007. The BLS characterizes
drilling as any job related to the spudding and drilling of wells, or
the reworking of wells.
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