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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:18,643 Points:1,611,470 Joined:Nov 2008	Message Posted: Oct 28, 2012 5:07:18 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:1,301 Points:607,625 Joined:May 2011	Message Posted: Oct 27, 2012 9:44:33 PM Ignore 7SPEEDY7 Report Abuse Interesting!!
honda0105 Champion Author Tallahassee Posts:18,643 Points:1,611,470 Joined:Nov 2008	Message Posted: Oct 27, 2012 2:56:05 AM Ignore honda0105 Report Abuse where there's a boom, there follows a bust eventually.
wshutton Champion Author Los Angeles Posts:1,677 Points:926,145 Joined:Mar 2009	Message Posted: Oct 25, 2012 11:38:59 AM 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:1,825 Points:644,000 Joined:Mar 2011	Message Posted: Oct 25, 2012 8:27:41 AM Ignore bston Report Abuse Time will tell if this supports the numbers.
sydb7 Champion Author Atlanta Posts:3,561 Points:1,920,735 Joined:Mar 2003	Message Posted: Oct 25, 2012 5:56:39 AM Ignore sydb7 Report Abuse Fossil-fuels are non-renewable! Develop alternative fuels now!
nb52 Champion Author Grand Rapids Posts:7,790 Points:1,548,800 Joined:Nov 2008	Message Posted: Oct 25, 2012 3:26:03 AM Ignore nb52 Report Abuse More US jobs is a good thang.
Ahking Champion Author Orange County Posts:3,512 Points:604,425 Joined:May 2011	Message Posted: Oct 24, 2012 9:23:48 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:1,691 Points:429,350 Joined:Feb 2012	Message Posted: Oct 24, 2012 9:07:11 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 9:06:42 PM Ignore pastorpaulcg Report Abuse Sweet
Gary9696 Champion Author Detroit Posts:1,124 Points:230,705 Joined:Jul 2008	Message Posted: Oct 24, 2012 9:04:21 PM Ignore Gary9696 Report Abuse Wonder if there will be enough refineries to process the crude oil?
rahcat Champion Author Grand Rapids Posts:2,478 Points:664,900 Joined:Jan 2010	Message Posted: Oct 24, 2012 9:02:40 PM Ignore rahcat Report Abuse Won't last if Obama is reelected.
yakstar Champion Author Montreal Posts:2,430 Points:480,845 Joined:Jan 2012	Message Posted: Oct 24, 2012 9:02:28 PM Ignore yakstar Report Abuse what me worry?
diesel8888 Champion Author Salt Lake City Posts:1,202 Points:361,335 Joined:Nov 2011	Message Posted: Oct 24, 2012 9:02:15 PM Ignore diesel8888 Report Abuse Ok
ddwilz Rookie Author Florida Posts:60 Points:65,155 Joined:Sep 2012	Message Posted: Oct 24, 2012 8:57:47 PM Ignore ddwilz Report Abuse So where are these jobs then?
Fitwit Champion Author Stockton Posts:6,404 Points:1,356,845 Joined:May 2009	Message Posted: Oct 24, 2012 8:57:37 PM Ignore Fitwit Report Abuse 2 million barrels per dat of U.S production in 2012, sounds good.
Focus2 Champion Author Illinois Posts:7,892 Points:1,919,465 Joined:Mar 2006	Message Posted: Oct 24, 2012 8:57:20 PM Ignore Focus2 Report Abuse They may hire illegals for the dirty jobs Americans don't want.
clermont40miles Champion Author Cincinnati Posts:10,583 Points:1,774,295 Joined:Apr 2008	Message Posted: Oct 24, 2012 8:56:52 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:10,730 Points:1,415,690 Joined:Nov 2003	Message Posted: Oct 24, 2012 8:55:55 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:8,075 Points:1,733,165 Joined:Jan 2008	Message Posted: Oct 24, 2012 8:52:12 PM Ignore mstearno Report Abuse romney will make this segment grow instead of food stamps
Cableman66 Champion Author North Carolina Posts:2,125 Points:492,120 Joined:May 2011	Message Posted: Oct 24, 2012 8:51:52 PM Ignore Cableman66 Report Abuse Just wait the EPA will screw this up as well.
TFowler513 Champion Author Memphis Posts:3,824 Points:1,414,860 Joined:Mar 2008	Message Posted: Oct 24, 2012 8:50:26 PM Ignore TFowler513 Report Abuse Not enough jobs. Economy still in the toilet!!!
bonzoonfmb Champion Author Florida Posts:1,792 Points:646,535 Joined:Feb 2010	Message Posted: Oct 24, 2012 8:47:10 PM Ignore bonzoonfmb Report Abuse Not many workers are suited for those kinds of jobs.
jalan25 Champion Author Indianapolis Posts:2,345 Points:572,670 Joined:Sep 2011	Message Posted: Oct 24, 2012 8:45:38 PM Ignore jalan25 Report Abuse Certainly not a government bailout
abcdMA Champion Author Worcester Posts:7,932 Points:1,576,930 Joined:Nov 2008	Message Posted: Oct 24, 2012 8:44:02 PM Ignore abcdMA Report Abuse all without government help
unicornIL Veteran Author Chicago Posts:446 Points:386,595 Joined:Jan 2012	Message Posted: Oct 24, 2012 8:41:44 PM Ignore unicornIL Report Abuse ok
us4usa Champion Author Missouri Posts:5,998 Points:1,114,340 Joined:May 2008	Message Posted: Oct 24, 2012 8:35:21 PM Ignore us4usa Report Abuse Who said "under my plan prices will be higher"???
BREW9 All-Star Author Tampa Posts:891 Points:2,913,930 Joined:Jun 2004	Message Posted: Oct 24, 2012 8:35:08 PM Ignore BREW9 Report Abuse great
bvrbill Champion Author Eugene Posts:3,229 Points:520,575 Joined:Jul 2011	Message Posted: Oct 24, 2012 8:33:23 PM Ignore bvrbill Report Abuse Sounds like a win-win. More American jobs and more domestic energy production.
knot2swift Champion Author Calgary Posts:4,393 Points:698,930 Joined:Nov 2009	Message Posted: Oct 24, 2012 8:31:45 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:3,747 Points:1,418,675 Joined:Apr 2006	Message Posted: Oct 24, 2012 8:29:08 PM Ignore kd5kpd Report Abuse Good, we need more jobs.
5Golfer8 Champion Author Tucson Posts:2,143 Points:301,625 Joined:Jun 2011	Message Posted: Oct 24, 2012 8:28:29 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:526,665 Joined:Apr 2009	Message Posted: Oct 24, 2012 8:27:53 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:1,446 Points:501,375 Joined:Feb 2011	Message Posted: Oct 24, 2012 8:27:31 PM Ignore oppdetcon Report Abuse OK
30mpg80 Champion Author Lexington Posts:10,053 Points:1,489,805 Joined:Nov 2008	Message Posted: Oct 24, 2012 8:26:32 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 8:25:50 PM Ignore MadTraveler Report Abuse Yep. No thanks to Obama.
tco9436 Champion Author Connecticut Posts:1,782 Points:724,225 Joined:Mar 2010	Message Posted: Oct 24, 2012 8:24:54 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 8:24:31 PM Ignore Goofoff Report Abuse I read this article
WIPACKERFAN Champion Author Chicago Posts:8,814 Points:1,845,400 Joined:Aug 2005	Message Posted: Oct 24, 2012 8:23:08 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 8:19:30 PM Ignore Crumbfel Report Abuse Hire now and stop talking about it
gumbyrex Champion Author Fresno Posts:3,311 Points:761,240 Joined:Mar 2011	Message Posted: Oct 24, 2012 8:15:00 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:3,232 Points:819,520 Joined:Sep 2009	Message Posted: Oct 24, 2012 8:14:34 PM Ignore mcmonsta Report Abuse boom in oil usually flows down the line
listerone Champion Author Boston Posts:3,385 Points:879,765 Joined:Aug 2008	Message Posted: Oct 24, 2012 8:12:46 PM Ignore listerone Report Abuse Good
jrsva Champion Author Virginia Posts:9,863 Points:1,614,950 Joined:Jan 2006	Message Posted: Oct 24, 2012 8:11:30 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:2,810 Points:820,285 Joined:Oct 2006	Message Posted: Oct 24, 2012 8:07:43 PM Ignore wayoung56 Report Abuse Interesting article...
serrog Champion Author Nova Scotia Posts:5,574 Points:1,514,080 Joined:Oct 2008	Message Posted: Oct 24, 2012 8:06:43 PM Ignore serrog Report Abuse ok
MDTDriver Champion Author California Posts:9,734 Points:2,156,595 Joined:Jul 2006	Message Posted: Oct 24, 2012 8:00:03 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 7:57:47 PM Ignore Mustache_33 Report Abuse hm
jimpricehunter Sophomore Author Dallas Posts:245 Points:149,920 Joined:Aug 2012	Message Posted: Oct 24, 2012 7:56:18 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:1,043 Points:266,675 Joined:Feb 2011	Message Posted: Oct 24, 2012 7:56:02 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 :)