Rigs sit idle and jobs go unfilled in Canadian oilfields as workers walk away from volatile job market leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.
Article content
The labour shortage in the oilfield threatens to keep equipment sitting idle as oil and gas companies boost spending on drilling, fracking and oilfield construction to cash in on crude oil prices that have rebounded from all-time lows to benchmarks above US$70 per barrel and natural gas prices over US$3 per thousand cubic feet.
We apologize, but this video has failed to load.
Try refreshing your browser, or Rigs sit idle and jobs go unfilled in Canadian oilfields as workers walk away from volatile job market Back to video
Industry groups and labour market experts say workers are reluctant to return to the oilfield services sector because it has been so volatile in the last five years and companies have laid off thousands of workers to grapple with ever-changing commodity prices and investment levels.
Rigs sit idle and jobs go unfilled in Canadian oilfields as workers walk away from volatile job market edmontonjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from edmontonjournal.com Daily Mail and Mail on Sunday newspapers.
2 hours China s Official Oil Imports Drop As It Buys More Iranian Crude 4 hours U.S. Jobs In Nuclear And Oil Sectors Pay More Than Renewables 5 hours Biden Is About To Give Heavy Oil Demand A Major Boost 6 hours Texas Freeze To Hit Shell’s Q1 Earnings 7 hours EIA: Gas Prices At the Pump Could Hit 3-Year High 1 day Oil Prices Under Pressure Following Large Gasoline Build 1 day Hedge Funds Capitalized On Oil Price Pullback 1 day Canada’s Green Shift Could Displace Three-Quarters Of Oil Workers 1 day Oil Trading Giant Vitol Sees Revenues Drop In 2020 1 day BP On Track To Meet Net Debt Target Ahead of Schedule
Canada s Oil Crisis Could Hurt U S Consumers – Investment Watch investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.