Deregulation will open up oil drilling on federal land and in Alaska that will produce jobs

NY Times:

Texas Oil Fields Rebound From Price Lull, but Jobs Are Left Behind

The industry is embracing technology and finding new ways to pare the labor force. But as jobs go away, what of presidential promises to bring them back?
Oil producers became more efficient in the face of the drop in the price of oil.  That should not stop them from expanding when opportunities present themselves in prospects around the country that will become available after Obama's control freak rules or lifted from federal control sites on the land and in offshore fields.  The other thing that needs to happen is to stop the "Keep it in the Ground Left" from running up the cost of finding and producing oil.

Comments

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

29 % of companies say they are unlikely to keep insurance after Obamacare

Bin Laden's concern about Zarqawi's remains