http://www.forbes.com/sites/davidblackmon/2014/02/20/oil-gas-boom-2014-jobs-economic-growth-and-security/
Recently, there has been a lot of negative press and feelings towards the oil and gas industries because of the negative impact they have on the environment. However, these industries have created many jobs since the Great Recession, especially in Texas. Texas' unemployment rate has outperformed the national average and created almost half of the new jobs in the United States, most of them in the oil and gas industries. In addition, other industries benefit indirectly from the success of the oil and gas industries, such as shipping, which transports oil and gas. They also increase national security because the United States does not have to depend on middle eastern countries to supply these commodities. Eventually, politicians will have to decide whether the environment or jobs and national security are more important.
Recently, there has been a lot of negative press and feelings towards the oil and gas industries because of the negative impact they have on the environment. However, these industries have created many jobs since the Great Recession, especially in Texas. Texas' unemployment rate has outperformed the national average and created almost half of the new jobs in the United States, most of them in the oil and gas industries. In addition, other industries benefit indirectly from the success of the oil and gas industries, such as shipping, which transports oil and gas. They also increase national security because the United States does not have to depend on middle eastern countries to supply these commodities. Eventually, politicians will have to decide whether the environment or jobs and national security are more important.
1 comment:
I think the question comes back to whether U.S. should focus on the short term goal or long term goal. Sacrificing short term goal at the moment doesn't seem to be an option (especially with the market system), however forfeiting the future is usually the worse option. Keeping investing in future (find a different resource) while regulating the industry at the present is what I would go for now.. just saying
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