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Many lost US oil jobs may never return

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Why energy demand is plummeting in the US

Making the best of this changing industry landscape, according to Deloitte, requires that oil and gas companies develop new job positions that are in line with the changing priorities of the industry (emissions officer and energy efficiency officer were given as examples). They would also do well to research flexible work schedules, including remote work, which the pandemic showed was something that many people could do over prolonged periods of time.

The workers, meanwhile, should take care to acquire the new skills they would need to improve their chances of re-employment in oil and gas, with knowledge in economics, computer networks, and visualization given as examples in this respect.

Of course, all of this means a shift of the business from oil and gas to the wider area of energy. In other words, the Deloitte report calls on US oil and gas producers to follow in European Big Oil’s lead and transform completely. This appears to be better both for the companies and for the workforce. However, few of these companies currently have the financial means to effect such a radical change. This means that the business-as-usual scenario Deloitte mentions is unlikely to come true. Rather, it will be business as never before for oil and gas and a change of career for many now-former employees in that industry.

This article was originally published on Oilprice.com

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