US Oil, Gas Production Boost Energy Employment

An oil pump at workJobs from the U.S. mining sector related to oil and gas contributed to an overall employment growth in March, according to a Bureau of Labor Statistics report.

The industry created 11,000 new jobs during the month, following a decline in February. The increase represented that energy employment may have begun to revitalize a shortage of jobs that has been taking place for the last several years.

Mining Employment

The report noted that since October 2016, the mining sector has injected 35,000 new jobs. For those looking elsewhere, many industry organizations such as the American Petroleum Institute (API) issue licenses for jobs that require maintenance of certain equipment, including those that should constantly meet API 653 standards

Certification for API 653 tank inspector, for instance, does not have a fixed requirement for a person’s academic background, although your level of experience should compensate a lack of formal education for the job.

The increase in employment in the energy sector also takes place at a time when the industry is expected to pump $1.9 trillion in the country’s gross domestic product by 2035.

Growing Investments

An API-commissioned study showed that potential infrastructure investments for oil and gas production will play a major role in the economy. These likely investments include facilities for surface and lease equipment, storage tanks and pipelines among many others.

The change of administration also helps in ensuring these investments will become a reality. President Donald Trump issued an executive order that could allow drilling projects to occur at open offshore areas, which are prohibited at the moment. The Bureau of Ocean Energy Management will create a five-year plan to explore the possibility of mining in offshore waters.

Jobs in the energy sector remain rife due in part to the seeming renaissance of investment activity and production, which means the demand for jobs may be sustainable in the coming years.