Texas Workforce Commission said last week that upstream oil and natural gas employment fell by 1,400 jobs in July compared to June. (June’s loss was revised to 1,500 from previously estimated 2,700.) Commission said Texas led with 308,918 jobs followed by Louisiana with 52,934, Oklahoma with 48,243, Colorado with 25,738 and New Mexico with 23,709 among the top five states.
Todd Staples, president of Texas Oil and Gas Association, said Aug. 15, “Forecasts for lower prices can slow industry growth plans. With approximately 8 Bcfd of new LNG export capacity under development in Texas and multiple infrastructure projects announced, we are optimistic stable global market conditions will strengthen short-term demand and reinforce our energy workforce.”
Despite declines in June and July, year-to-date growth remains positive at 4,300 upstream jobs.
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