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  1. #61
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    Quote Originally Posted by LAM View Post
    that is part of the problem "drilling safely" when gov allows industry's self-regulate bad things happen like Deepwater Horizon and banking collapses.

    employment in that industry is always highly overstated by those in it and those that support more local extraction of oil and gas. it has never employed a major share of the US workforce. Not one mention of it in the report below and the raw data I attached in a PDF from the BLS.

    Employment loss and the 2007–09 recession: an overview
    http://www.bls.gov/opub/mlr/2011/04/art1full.pdf

    With this link you can go back to the 80's and see when employment in that industry was at it's peak in the US.

    Bureau of Labor Statistics Data
    Self regulation my ass, you need to work in it before you claim to know about regulations. We can't do anything in the GOM or any sea/ocean without approval. BOEMRE and the new version of it, BSSE or whatever it is called, are regulating with people that know nothing about what they are approving. You can demonize an industry all you want but here is the reality, it is needed and is not going away. I don't need to read a jobs report to know what happens in my neck of the woods with jobs when the industry has a chance to grow.

    Did you know what happened to the SE when the govt put a stop to drilling in the gulf that is never reported? The whole trucking industry here died and now there are barely enough drivers and owner/operators left to meet demand. Moreover, and thanks for the Horizon nightmare for this [along with the recession in general] and to some extent the govt for dragging its feet and passing and reasonable regulations to allow drilling to resume at the pace it was, all the drivers who lost their trucks cannot get financed now and have no work. This is the kind of thing your pretty reports don't touch on or the machine shop in Detroit the industry decided to use because it had capacity at a reasonable cost (we did this all the time at my last company, it helped regions that were depressed and we met our production guidelines) and the other businesses that indirectly support those in the oil industry. All of this is just a tiny fraction of how extensive the industry is and all of those US Steel workers who are back to work when the industry is booming I am sure hate the industry for revitalizing their plants with demand even at the high costs of production in the US.

    I don't expect many of you to agree with me, it really doesn't matter in the long run, but don't make claims like you know how the industry works when in reality you don't. I don't know shit about the computer industry, construction of houses or anything I don't work in for that matter and don't make claims like I am an expert. Reports are great but they only tell a part of the story, if that much at all.

  2. #62
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    Quote Originally Posted by oufinny View Post
    Self regulation my ass, you need to work in it before you claim to know about regulations. We can't do anything in the GOM or any sea/ocean without approval. BOEMRE and the new version of it, BSSE or whatever it is called, are regulating with people that know nothing about what they are approving. You can demonize an industry all you want but here is the reality, it is needed and is not going away. I don't need to read a jobs report to know what happens in my neck of the woods with jobs when the industry has a chance to grow.

    Did you know what happened to the SE when the govt put a stop to drilling in the gulf that is never reported? The whole trucking industry here died and now there are barely enough drivers and owner/operators left to meet demand. Moreover, and thanks for the Horizon nightmare for this [along with the recession in general] and to some extent the govt for dragging its feet and passing and reasonable regulations to allow drilling to resume at the pace it was, all the drivers who lost their trucks cannot get financed now and have no work. This is the kind of thing your pretty reports don't touch on or the machine shop in Detroit the industry decided to use because it had capacity at a reasonable cost (we did this all the time at my last company, it helped regions that were depressed and we met our production guidelines) and the other businesses that indirectly support those in the oil industry. All of this is just a tiny fraction of how extensive the industry is and all of those US Steel workers who are back to work when the industry is booming I am sure hate the industry for revitalizing their plants with demand even at the high costs of production in the US.

    I don't expect many of you to agree with me, it really doesn't matter in the long run, but don't make claims like you know how the industry works when in reality you don't. I don't know shit about the computer industry, construction of houses or anything I don't work in for that matter and don't make claims like I am an expert. Reports are great but they only tell a part of the story, if that much at all.
    I know that oil & gas extraction has never been a major part of employing the US workforce. a couple hundred thousand jobs is peanuts when looking at a workforce of 180 million. I've been paying attention to these topics for decades, not years..

    and my sector of work in R&D was outsourced to India in 2000, NEVER to return so trust me I feel for people that have "temporarily" lost employment but there jobs will come back. while many others will not.
    Last edited by LAM; 11-10-2011 at 12:03 PM.
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    Quote Originally Posted by LAM View Post
    I know that oil & gas extraction has never been a major part of employing the US workforce. a couple hundred thousand jobs is peanuts when looking at a workforce of 180 million. I've been paying attention to these topics for decades, not years..

    and my sector of work in R&D was outsourced to India in 2000, NEVER to return so trust me I feel for people that have "temporarily" lost employment but there jobs will come back. while many others will not.
    Direct employment maybe but indirect and support companies that make parts/equipment for the industry [or more accurately CAN be used by the industry], Ingersoll Rand is a perfect example and so is Caterpillar, employ thousands alone in the US and that is just two companies. The US has not even really seen to what extent onshore exploration can produce in regards to jobs in recent times; I truly feel that many many states will benefit hugely from this. North Dakota and Pennsylvania are examples and even IL/IN are starting to have more and more jobs in the industry in exploration of possible shale finds.

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    Whoever says nuclear power plants don't pollute doesn't know shit. They are good power but far from clean. I always laugh when people call reactors clean.
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