Posted on 05/05/2011 4:32:20 PM PDT by BillKneer
Those in the energy field are no strangers to the boom and bust cycle and are exercising due caution by being more cost conscious and applying a heavy dose of realism to the salary setting process. But with the unemployment rate just under 9 percent and a robustly competitive job market, they have no shortage of quality potential new hires to choose from.
Nearly 12,500 new vacancies were posted in March, a number which is 60 percent higher than at this time last year. More job seekers are letting their keyboards do their walking, as online applications have doubled. Its all good news for engineering and geology graduates. Texas A&Ms Class of 2011 is finding a much more receptive employment environment one in which their resumes are far more likely to actually be reviewed rather than filed away and forgotten than last years crop of graduates faced.
Now if only the Obama Administration would remove the bans on its no-drill zones and cut away some of the red tape
Yes, its just a dream, but its one in which the use of the word unexpectedly would be appreciated for a change. As in Acme Production Companys request to drill a new well in the Gulf of Mexico was unexpectedly approved today
(Excerpt) Read more at patriotstatesman.com ...
Aw, they’re just hiring employees so they can “exploit” them.
And if you really want to downshift into abjectly ignorant Hollywood/Leftist/journalist mode, you can work “greed”, hate” and “windfall profits” in there somewhere too.
And that is why oil above $100.00 is a good thing.
I will never forget the collapse of domestic petroleum production in the mid-1980s. Hundreds of thousands laid off, many hundreds of rigs sitting in the weeds, was disheartening.
OPEC got scared out of their wits by increasing domestic production and the threat of the giant oil shale project underway in Colorado. So they dropped the price of oil down to around $9.00 a bbl, drowning US producers with cheap oil imports.
But hey, John Q public at large was estatic, cheap gasoline and happy days were here again, With not so much as a whimper about the massive oil patch layoffs and the demise of domestic production.
Working for a major, I was one of the lucky ones, but for the service industry and contractors, it was an absolute disaster. I hung in until finallly recognizing the downsizing would not abate, and took early retirement in 1991.
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