Upstream Employment Increase in Texas | Rigzone
Texas upstream employment for July was up 1,500 from June, the Texas Independent Producers and Royalty Owners Association (TIPRO) said, citing the latest figures from the US Bureau of Labor Statistics.
In a statement sent to Rigzone, TIPRO noted that upstream employment in Texas in July represented an increase of 15,800 positions from July 2020. The organization noted that this figure reflects an increase of 17,000 jobs in the United States. service sector and a decrease of 1,200 jobs in petroleum and natural gas extraction.
“We believe the spread of the Delta coronavirus variant will impact the pace of recovery in the near term, including job growth in Texas oil and natural gas, but the data suggests that vaccinations, natural immunity and public prudence will help keep the latest variant at bay and avoid the major economic disruptions we have experienced before, ”said Ed Longanecker, president of TIPRO, in a statement from the organization.
“We continue to anticipate a strong recovery in global oil demand this year and further growth in 2022. Major US producers will maintain a very disciplined approach to their production targets and we can expect OPEC to do so. the same goes for its efforts to reach and maintain the global supply. demand equilibrium, ”continued Longanecker.
According to the latest information from the World Health Organization (WHO), confirmed cases of Covid-19 have increased in the United States for the past nine consecutive weeks, with deaths increasing in the past four consecutive weeks. As of August 23, the United States recorded 141,113 confirmed cases and 1,281 deaths, according to the latest data from the WHO.
Worldwide confirmed cases and deaths of Covid have also increased over the past nine and three weeks in a row, respectively, according to the most recent figures from the WHO. As of August 23, the world reported 604,495 confirmed cases and 9,598 deaths, according to the WHO website.
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