Texas oil and gas employment highest since 2008
In today's edition of the Houston Business Journal, reporter Melissa McEver writes about the employment boom in the Texas oil and gas industry. Given the number of oil and gas Engineer and skilled-workforce recruitment advertising campaigns MITTONMedia is involved in at the moment, we definitely agree that something is going on in Texas! Here's Ms. McEver's article:
"Employment in the oil and gas industry in Texas has soared above the 2008 high achieved before the recession and is poised to continue growing, according to the Texas Alliance of Energy Producers.
At a briefing in Houston Monday, Karr Ingham, petroleum economist for the alliance, revealed the mid-year results for the Texas Petro Index, which tracks the industry’s ups and downs. According to the index, total Texas oil and gas industry employment reached about 224,200 in June ¬— a 15 percent increase from June 2010.
That number is higher than employment figures reached at the peak of the industry’s previous boom — 223,200 in October 2008.
Ingham said Monday that the number of people employed in the petroleum industry in Texas is moving into record territory.
“Texas is leading the way in post-recession employment in the industry,” Ingham said.
June’s overall index, which represents a composite of several upstream economic indicators, was 243.5. The index peaked at 286 in fall 2008."