When you hear about energy needs and resources in the United States, you might think that “alternative energy” sources like solar or wind power were the next big thing. Although these types of energy sources are gaining in popularity, they still represent a very small percentage of our total energy production compared to oil and natural gas. Due to the increasing need for energy sources, more and more jobs are becoming available.
In recent years, drillers have refined techniques for extracting oil and gas (this would be fracking) which has created greater opportunities for oil and gas companies to increase their production, as well as their need for qualified employees to carry out drilling, research and management of these operations. Jobs in the oil and gas industry are in high demand around the world and with the right background, training, and certification, you may find your next job in the energy industry. Here are some reasons why energy demand will continue to grow, creating jobs for thousands of job seekers.
1) Increases in global demand for energy resources
With countries like China and India leapfrogging their respective economies with better-paying jobs and increases in living standards for millions of people, basic needs like electricity for homes and gasoline for cars and trucks are in high demand. . Add the demand from emerging countries to the needs of the US, Europe and other developed nations and you see that the energy industry is big business.
2) A resurgence of supply from the United States
Drilling operations in the US have incorporated fracking into their extraction processes for years and have now reached the point where this type of drilling technique in which water and other chemicals are injected into certain types of formations rocky has become economical and profitable. For decades, the US has known there is an abundant supply of oil and natural gas locked up in shale rock formations like the Rocky Mountains, but it has been too expensive to extract and still make a profit. Not anymore… with improvements in fracking, operators are hiring additional workers to help with drilling sites and transportation infrastructure to take advantage of growing supplies, eliminating the need to import from the Middle East and other historical producers of Petroleum.
3) US energy independence
With an ever-increasing supply of natural gas available here in the US and historically low prices, power plants are converting to natural gas, delivery trucks and garbage trucks are being built to run on LNG. ) and there is talk that we may be in the early stages of an energy revolution, where the United States becomes less dependent on energy sources from countries like Saudi Arabia and is able to produce our own energy resources with cheaper oil and natural gas. . As demand increases, so will job opportunities.
4) Export of Liquefied Natural Gas
With natural gas trading at around $2.00 per unit in the US, it is extremely cheap compared to countries in Europe and Asia where the cost per unit of LNG can be above $15 per unit. . Because of this price difference, companies in the US are working on exporting LNG from the US to these foreign countries, where they can sell supplies for multiple times the going rate here in the US. With these exports expected to increase significantly in the coming years, there will definitely be more jobs available for LNG suppliers and carriers.
