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As unconventional U.S. oil, gas boom,so do jobs: report

Reuters --
The U.S. oil and gas rush is cutting into jobless numbers, supporting a total of 1.7 million jobs this year, a number that will swell to almost 3 million by 2020, a leading consultant said in a study released on Tuesday.

The report by forecaster IHS Global Insight is part of a series attempting to quantify the impact that booming production of so-called "unconventional" oil and gas has had on the American economy.

Using new technology to blast fossil fuels trapped in shale rock has transformed the U.S. energy sector.

After five years of rapid growth, unconventional oil accounts for about 2 million barrels per day of U.S. production in 2012, IHS said. Total U.S. crude oil production is expected to average 6.3 million barrels per day,

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Submitted Oct 24, 2012 By: RENEGADEGAS

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honda0105 Champion Author Tallahassee Posts:18,828 Points:1,637,220 Joined:Nov 2008	Message Posted: Oct 28, 2012 7:07:18 AM Ignore honda0105 Report Abuse As long as Americans on average waste lots of energy, we will never be energy safe, let alone, independent.
7SPEEDY7 Champion Author Flint Posts:1,421 Points:632,175 Joined:May 2011	Message Posted: Oct 27, 2012 11:44:33 PM Ignore 7SPEEDY7 Report Abuse Interesting!!
honda0105 Champion Author Tallahassee Posts:18,828 Points:1,637,220 Joined:Nov 2008	Message Posted: Oct 27, 2012 4:56:05 AM Ignore honda0105 Report Abuse where there's a boom, there follows a bust eventually.
wshutton Champion Author Los Angeles Posts:1,810 Points:951,875 Joined:Mar 2009	Message Posted: Oct 25, 2012 1:38:59 PM Ignore wshutton Report Abuse Now that the price supports it, time for both more uncon oil and renewable energy development.
bston Champion Author Oklahoma City Posts:1,955 Points:669,240 Joined:Mar 2011	Message Posted: Oct 25, 2012 10:27:41 AM Ignore bston Report Abuse Time will tell if this supports the numbers.
sydb7 Champion Author Atlanta Posts:3,657 Points:1,941,890 Joined:Mar 2003	Message Posted: Oct 25, 2012 7:56:39 AM Ignore sydb7 Report Abuse Fossil-fuels are non-renewable! Develop alternative fuels now!
nb52 Champion Author Grand Rapids Posts:7,920 Points:1,574,550 Joined:Nov 2008	Message Posted: Oct 25, 2012 5:26:03 AM Ignore nb52 Report Abuse More US jobs is a good thang.
Ahking Champion Author Orange County Posts:3,599 Points:621,360 Joined:May 2011	Message Posted: Oct 24, 2012 11:23:48 PM Ignore Ahking Report Abuse in the long term, oil use will diminish. if a lot of people work in oil, 20 years from now, they will be out of a job or need to be retrained.
ican2step Champion Author Pittsburgh Posts:1,811 Points:452,400 Joined:Feb 2012	Message Posted: Oct 24, 2012 11:07:11 PM Ignore ican2step Report Abuse Enough jobs to get everyone off welfare?
pastorpaulcg Champion Author Virginia Posts:3,615 Points:775,785 Joined:Dec 2010	Message Posted: Oct 24, 2012 11:06:42 PM Ignore pastorpaulcg Report Abuse Sweet
Gary9696 Champion Author Detroit Posts:1,259 Points:256,455 Joined:Jul 2008	Message Posted: Oct 24, 2012 11:04:21 PM Ignore Gary9696 Report Abuse Wonder if there will be enough refineries to process the crude oil?
rahcat Champion Author Grand Rapids Posts:2,681 Points:689,900 Joined:Jan 2010	Message Posted: Oct 24, 2012 11:02:40 PM Ignore rahcat Report Abuse Won't last if Obama is reelected.
yakstar Champion Author Montreal Posts:2,555 Points:506,475 Joined:Jan 2012	Message Posted: Oct 24, 2012 11:02:28 PM Ignore yakstar Report Abuse what me worry?
diesel8888 Champion Author Salt Lake City Posts:1,304 Points:386,035 Joined:Nov 2011	Message Posted: Oct 24, 2012 11:02:15 PM Ignore diesel8888 Report Abuse Ok
ddwilz Rookie Author Florida Posts:60 Points:65,155 Joined:Sep 2012	Message Posted: Oct 24, 2012 10:57:47 PM Ignore ddwilz Report Abuse So where are these jobs then?
Fitwit Champion Author Stockton Posts:6,523 Points:1,379,005 Joined:May 2009	Message Posted: Oct 24, 2012 10:57:37 PM Ignore Fitwit Report Abuse 2 million barrels per dat of U.S production in 2012, sounds good.
Focus2 Champion Author Illinois Posts:7,910 Points:1,928,350 Joined:Mar 2006	Message Posted: Oct 24, 2012 10:57:20 PM Ignore Focus2 Report Abuse They may hire illegals for the dirty jobs Americans don't want.
clermont40miles Champion Author Cincinnati Posts:10,754 Points:1,799,595 Joined:Apr 2008	Message Posted: Oct 24, 2012 10:56:52 PM Ignore clermont40miles Report Abuse Good to see jobs and energy. Don't let BHO & Co. find out or they'll squash both. Green is red.
kbierley Champion Author Dayton Posts:10,739 Points:1,417,820 Joined:Nov 2003	Message Posted: Oct 24, 2012 10:55:55 PM Ignore kbierley Report Abuse Oil is the U.S. Economic Life Blood. Yes, it would be nice to move off of Oil, but the Tech, and Markets are still Oil driven. The other energy tech still needs to be developed in order to replace oil and coal.
mstearno Champion Author Dayton Posts:8,174 Points:1,755,920 Joined:Jan 2008	Message Posted: Oct 24, 2012 10:52:12 PM Ignore mstearno Report Abuse romney will make this segment grow instead of food stamps
Cableman66 Champion Author North Carolina Posts:2,247 Points:517,585 Joined:May 2011	Message Posted: Oct 24, 2012 10:51:52 PM Ignore Cableman66 Report Abuse Just wait the EPA will screw this up as well.
TFowler513 Champion Author Memphis Posts:3,824 Points:1,437,135 Joined:Mar 2008	Message Posted: Oct 24, 2012 10:50:26 PM Ignore TFowler513 Report Abuse Not enough jobs. Economy still in the toilet!!!
bonzoonfmb Champion Author Florida Posts:1,817 Points:664,160 Joined:Feb 2010	Message Posted: Oct 24, 2012 10:47:10 PM Ignore bonzoonfmb Report Abuse Not many workers are suited for those kinds of jobs.
jalan25 Champion Author Indianapolis Posts:2,445 Points:596,320 Joined:Sep 2011	Message Posted: Oct 24, 2012 10:45:38 PM Ignore jalan25 Report Abuse Certainly not a government bailout
abcdMA Champion Author Worcester Posts:8,052 Points:1,600,730 Joined:Nov 2008	Message Posted: Oct 24, 2012 10:44:02 PM Ignore abcdMA Report Abuse all without government help
unicornIL Veteran Author Chicago Posts:451 Points:393,570 Joined:Jan 2012	Message Posted: Oct 24, 2012 10:41:44 PM Ignore unicornIL Report Abuse ok
us4usa Champion Author Missouri Posts:6,120 Points:1,137,585 Joined:May 2008	Message Posted: Oct 24, 2012 10:35:21 PM Ignore us4usa Report Abuse Who said "under my plan prices will be higher"???
BREW9 Champion Author Tampa Posts:1,020 Points:2,939,660 Joined:Jun 2004	Message Posted: Oct 24, 2012 10:35:08 PM Ignore BREW9 Report Abuse great
bvrbill Champion Author Eugene Posts:3,440 Points:545,250 Joined:Jul 2011	Message Posted: Oct 24, 2012 10:33:23 PM Ignore bvrbill Report Abuse Sounds like a win-win. More American jobs and more domestic energy production.
knot2swift Champion Author Calgary Posts:4,506 Points:717,735 Joined:Nov 2009	Message Posted: Oct 24, 2012 10:31:45 PM Ignore knot2swift Report Abuse Yup...No thanks to worthless Obama. The man is truly "Green". By that I mean "Born Yesterday And Not Ripe For The Job". The US Mid West will indeed open up to Shale Oil and Shale Gas. The East will open up to Shale Gas. That's where the jobs are so...Get "Fracking" on with your job.
kd5kpd Champion Author Texas Posts:3,872 Points:1,443,450 Joined:Apr 2006	Message Posted: Oct 24, 2012 10:29:08 PM Ignore kd5kpd Report Abuse Good, we need more jobs.
5Golfer8 Champion Author Tucson Posts:2,258 Points:325,950 Joined:Jun 2011	Message Posted: Oct 24, 2012 10:28:29 PM Ignore 5Golfer8 Report Abuse No jobs around here and with Democrat policies there are none in sight for the future.
miiike572 All-Star Author Phoenix Posts:798 Points:545,440 Joined:Apr 2009	Message Posted: Oct 24, 2012 10:27:53 PM Ignore miiike572 Report Abuse As long a Barry is out of a job Jan 20 the oil, gas boom will stand a chance.
oppdetcon Champion Author Ottawa Posts:1,536 Points:524,730 Joined:Feb 2011	Message Posted: Oct 24, 2012 10:27:31 PM Ignore oppdetcon Report Abuse OK
30mpg80 Champion Author Lexington Posts:10,265 Points:1,514,580 Joined:Nov 2008	Message Posted: Oct 24, 2012 10:26:32 PM Ignore 30mpg80 Report Abuse It is there, just waiting to be fracked
MadTraveler Champion Author Idaho Posts:2,082 Points:572,100 Joined:Nov 2009	Message Posted: Oct 24, 2012 10:25:50 PM Ignore MadTraveler Report Abuse Yep. No thanks to Obama.
tco9436 Champion Author Connecticut Posts:1,807 Points:743,650 Joined:Mar 2010	Message Posted: Oct 24, 2012 10:24:54 PM Ignore tco9436 Report Abuse OK
Goofoff Champion Author Virginia Posts:11,882 Points:2,177,200 Joined:Aug 2006	Message Posted: Oct 24, 2012 10:24:31 PM Ignore Goofoff Report Abuse I read this article
WIPACKERFAN Champion Author Chicago Posts:8,944 Points:1,871,150 Joined:Aug 2005	Message Posted: Oct 24, 2012 10:23:08 PM Ignore WIPACKERFAN Report Abuse OK
Crumbfel Champion Author Virginia Posts:11,554 Points:2,160,585 Joined:Aug 2006	Message Posted: Oct 24, 2012 10:19:30 PM Ignore Crumbfel Report Abuse Hire now and stop talking about it
gumbyrex Champion Author Fresno Posts:3,436 Points:786,015 Joined:Mar 2011	Message Posted: Oct 24, 2012 10:15:00 PM Ignore gumbyrex Report Abuse And people complain about the huge profits oil companies make. I'll take the increase in jobs and don't mind if it measn the oil companies making big bucks.
mcmonsta Champion Author Honolulu Posts:3,347 Points:845,320 Joined:Sep 2009	Message Posted: Oct 24, 2012 10:14:34 PM Ignore mcmonsta Report Abuse boom in oil usually flows down the line
listerone Champion Author Boston Posts:3,490 Points:903,740 Joined:Aug 2008	Message Posted: Oct 24, 2012 10:12:46 PM Ignore listerone Report Abuse Good
jrsva Champion Author Virginia Posts:9,999 Points:1,639,950 Joined:Jan 2006	Message Posted: Oct 24, 2012 10:11:30 PM Ignore jrsva Report Abuse Let’s hope it does not bring with it an environmental disaster that would plague us for decades. Lots of nasty stuff being pumped into the ground without much evident concern.
wayoung56 Champion Author Alabama Posts:2,920 Points:845,010 Joined:Oct 2006	Message Posted: Oct 24, 2012 10:07:43 PM Ignore wayoung56 Report Abuse Interesting article...
serrog Champion Author Nova Scotia Posts:5,705 Points:1,539,830 Joined:Oct 2008	Message Posted: Oct 24, 2012 10:06:43 PM Ignore serrog Report Abuse ok
MDTDriver Champion Author California Posts:9,848 Points:2,180,900 Joined:Jul 2006	Message Posted: Oct 24, 2012 10:00:03 PM Ignore MDTDriver Report Abuse Ok we do have oil in the USA still!
Mustache_33 All-Star Author Toronto Posts:900 Points:181,455 Joined:May 2012	Message Posted: Oct 24, 2012 9:57:47 PM Ignore Mustache_33 Report Abuse hm
jimpricehunter Veteran Author Dallas Posts:272 Points:163,460 Joined:Aug 2012	Message Posted: Oct 24, 2012 9:56:18 PM Ignore jimpricehunter Report Abuse Sounds like it still helps less than 1 out of every 200 people in this country. Think of it that way.
EvPv Champion Author Maine Posts:1,181 Points:293,400 Joined:Feb 2011	Message Posted: Oct 24, 2012 9:56:02 PM Ignore EvPv Report Abuse I imagine the tangent effect for retail and service jobs in the oil regions is more money for the burger flippers :)