Oilpatch could lose 185,000 jobs, says report
- Thread starter B00Mer
- Start date
Won't the university grads be grabbing those up as they have some big student loans to pay off.
Dogpatch suffered a similar economic slow down many years ago. If not for the efforts of General Bullmoose all would have been lost.
See? Elect the N.D.P.and all of the jobs leave.
As a matter of fact, they WILL blame the NDP, probably even if there is no connection.
As a matter of fact, they WILL blame the NDP, probably even if there is no connection.
They are finding ways to give the top guys even more, while screwing the working man even harder.
Oil CEO wages immune to price slump as shareholders vote on pay - At Large
L'il Abner and all of the other Mattress Testers down at the Skunk Works had nothing to do all day long but lay about, after that.
Yup according to CBC news the oilsands could or could not lose 185,00 jobs .Oilpatch could lose 185,000 jobs, says report
A new report says the Canadian economy could lose as many as 185,000 direct and indirect jobs related to the oil and gas industry in 2015, with most of the job losses being in Alberta.
"If oil prices continue to remain low, we anticipate additional reductions to spending and jobs before things start to turn around," said Carol Howes, the director of the Petroleum Labour Market Information (PetroLMI) division of Enform in a news release.
Enform tracks labour market trends in the Canadian petroleum industry.
Enform predicts the biggest impact would be on oil and gas engineering construction firms, which do most of the work on development projects, accounting for up to 75,000 jobs.
Support services, such as drilling companies which are also involved in exploration, would represent another 26,000 jobs.
Enform is also predicting:
- $31-billion reduction in capital and operational expenditures in 2015.
- $28-billion reduction in exploration and development in 2015.
- 20,000 jobs lost in B.C., 14,000 in Ontario in 2015.
- The outlook for 2016 is less certain, says Howes.
"What is clear is that the behaviour of oil and gas companies will be an important factor in determining actual job losses in 2015," she said.
"Managing labour costs in a time of declining oil prices through creative workforce retention strategies will become more critical in the months ahead."
source: Oilpatch could lose 185,000 jobs, says report - Calgary - CBC News
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That's a lot of food on the table and economy being pulled out of Alberta..
Wonder how the housing market will weather this, or will it be a repeat of the 1980's
They failto mention that they could also gain that many .
Oilpatch could lose 185,000 jobs, says report
A new report says the Canadian economy could lose as many as 185,000 direct and indirect jobs related to the oil and gas industry in 2015, with most of the job losses being in Alberta.
I guess the word "could", could generate a lot of "news" stories!
Nothing new here my sister works in one of the biggest offices in Calgary
She just got laid off as there is nothing coming in the door and projects
are shutting down. Its called a recession and it happens from time to time.
big money while you are working no money when you are not.
The problem is Alberta for example started to believe its own predictions.
It would never end, it always ends. Saskatchewan is working on diversification
to lessen the future blows of recession. Alberta has to learn that lessen and they
will
She just got laid off as there is nothing coming in the door and projects
are shutting down. Its called a recession and it happens from time to time.
big money while you are working no money when you are not.
The problem is Alberta for example started to believe its own predictions.
It would never end, it always ends. Saskatchewan is working on diversification
to lessen the future blows of recession. Alberta has to learn that lessen and they
will
I'm pretty sure Alberta knows the ups and downs by now, the imported workers, not so much.
This is only new to you, . . . . and the combine pilot.
Enhanced oil recovery - Wikipedia, the free encyclopedia
there are three primary techniques for EOR: thermal recovery, gas injection, and chemical injection
As in Halliburton trucks with the white fog on the ground by them? Cold Lake has been using steam and gas pressure for a long time
Of course they will. And the NDP will blame the PCs, and the Libs, and the Greens, and probably the Kay-beckers. And everybody'll blame Obama. It's the way the game's played.
