U.S. oil and gas companies are using automation and outsourcing to reduce their workforce, despite record production levels. The oil and gas industry is not expected to see job growth, and wages are ...

Fracking has made the U.S. the world’s leading oil and gas producer, but drilling creates fewer jobs each year. The United States is pumping out more oil and gas than any country in history. But even ...

ODESSA, Texas (KMID/KPEJ) – While 2026 is well underway, the oil and gas industry is off to a slow start for the 2nd month of the year. Industry expert Mickey Cargile told Big 2’s Chris Talley that ...

HOUSTON, Sept 8 (Reuters) - The U.S. oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices and the biggest consolidation in a generation, in what could ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...