reported<\/a>.<\/p>\n\u201cThe Permian\u2019s record levels of production in 2023, combined with the region\u2019s overall reductions in methane and flaring intensity mark important progress for the industry as the United States hit the second-highest record for oil and gas production that year, with the Permian providing roughly two-thirds of all U.S. natural gas production,\u201d Texas Oil & Gas Association Todd Staples said. Since then, \u201cThanks to constant innovation and improvements in production processes as well as increased use of new technologies such as AI, the oil and natural gas industry is making incredible progress protecting the environment and bolstering our energy security,\u201d he said.<\/p>\n
Due to market conditions and oil price fluctuations, the EIA forecasts that domestic production will average 13.4 million barrels per day through the end of the year.<\/p>\n
As conflict erupted this month in the Middle East, TXOGA president Todd Staples said, \u201cIn these times of geopolitical uncertainty and military conflict, Texas remains not only a supplier of barrels but a builder of confidence. It is encouraging to see job growth and for Texas and America to be seen as a stable trading partner.<\/p>\n
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\u201cAs global economic conditions and trade relationships realign, adjustment in employment, capital expenditures and production are outcomes that provide for long term stability in energy production. As the nation\u2019s top producer and a world leader, Texas is well positioned to meet power demands with the massive infrastructure system that continues to grow.\u201d<\/p>\n
May labor data indicates strong job postings for the Texas industry but there were also less overall unique job postings last month compared to April, TIPRO notes.<\/p>\n
Still, Texas has the greatest number of active unique job postings in the industry nationwide of 8,157. New York has the second greatest number of 2,661, followed by California\u2019s 2,639, Florida\u2019s 1,544 and Colorado\u2019s 1,264.<\/p>\n
Nationwide, there were 49,798 unique job postings in the oil and natural gas industry in May, including 17,962 new postings, TIPRO notes.<\/p>\n","protected":false},"excerpt":{"rendered":"(The Center Square) \u2013 Despite market uncertainty in the energy market, the upstream sector of the Texas oil…\n","protected":false},"author":2,"featured_media":211777,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3092],"tags":[51,897,16,15],"class_list":{"0":"post-211776","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jobs","8":"tag-business","9":"tag-jobs","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114741236876724918","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/211776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=211776"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/211776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/211777"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=211776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=211776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=211776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}