Spotlight: Oil Patch Productivity Rises; Jobs Vanish
Garrett Golding and
Sean Howard
Southwest Economy, 2021, issue Second Quarter
Abstract:
After major oil price busts in 2014 and 2020, the same engineering prowess that helped the oil and gas industry thrive has been driven to find efficiencies to lower operating costs. The result: Fewer workers are needed to produce the same oil and gas output.
Date: 2021
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