U.S. oil and natural gas projects are forecast to face higher costs going forward as wages rise along with supply chain inflation. The engineering, procurement, construction and installation (EPCI) segment may be the “first to record a double-digit percentage hike in costs,” according to a new analysis by Rystad Energy. Domestic EPCI costs, driven by…
Wages
Articles from Wages
Permian, Bakken Wages Soar From 2000-2015
As onshore oil and natural gas development grew, so did several U.S. metropolitan areas, with the Permian Basin and Bakken Shale reaping the biggest benefits for wage earners from 2000 to 2015, a Pew Research Center analysis has found.
June 1, 2016
House Testimony: Shales, Technology Made U.S. ‘Energy Rich’
The country is in the midst of an “unconventional revolution in oil and gas” whose implications reach well beyond the energy industry, IHS Vice Chairman Daniel Yergin, tells the U.S. House Subcommittee on Energy and Power in pre-filed testimony to be given Tuesday.
February 5, 2013
Ohio Gas/Oil Shale to Add 65,000 Jobs, $4.9 Billion, Academic Study Says
Natural gas and oil drilling in Ohio could create 65,000 jobs and add nearly $5 billion to state coffers by 2014, according to an academic study.
February 29, 2012
Oil, Gas Employers ‘Extremely Positive’ on Jobs Outlook
Wages are up and confidence in future hiring is surging despite lingering concern for the global economy, an annual survey of employees in the oil and natural gas industry has found.
February 9, 2012
Westchester County, NY, Wages War Against Millennium on All Fronts
County Executive Andrew Spano of Westchester County, NY, vowed Thursday to use every “administrative, political and legal weapon” at his disposal to block construction of the embattled Millennium Pipeline project through the city of Mount Vernon.
January 18, 2002
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