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What the U.S. Can Learn From Australia’s Coal Mines

OntarioVanMan

OntarioVanMan

Retired Expediter
Owner/Operator
to offset my previous bright spot thread....i found this statement interesting...

It is a fiction that U.S. economic woes could be solved if only the nation adopted a “drill, baby, drill” attitude toward natural resources. Less than 0.6 percent of American jobs are in natural-resource extraction. Even a vast increase in drilling employment would have a trivial impact on U.S. jobs. Oil prices are set in the world market, so American production can do little to radically decrease the global price of petroleum.

The wealth that comes out of the ground is a short-term windfall, not a long-term source of economic growth. The U.S. and Australia should both recognize that their futures depend on training smart, innovative entrepreneurs and reducing the barriers that limit their success.

What the U.S. Can Learn From Australia
 
OntarioVanMan

OntarioVanMan

Retired Expediter
Owner/Operator
there is some truth to it....Once the infrastructure is in place....the initial drilling, the boom is over....very few jobs....it is all automated....
 
layoutshooter

layoutshooter

Veteran Expediter
Retired Expediter
OntarioVanMan said:
there is some truth to it....Once the infrastructure is in place....the initial drilling, the boom is over....very few jobs....it is all automated....
Click to expand...


Not true, that would assume that there is no need to refine the product. Refineries produce a LOT of jobs. Also, if the cost of fuel goes down to do high supply money that is now being spent on fuel would be used in better ways that would produce even more jobs.

Green junk should be left to stand on it's own two feet, as EVERY other industry should. NO subsidies or different tax rates. It either pays for itself or it goes away.
 
OntarioVanMan

OntarioVanMan

Retired Expediter
Owner/Operator
I wasn't referring to refineries....once the drilling in a specific area is done and pump heads and stuff...it turns into a ghost town...everything is pretty much automated after that.....they leave a few people around just to monitors pressures...my cousin in law monitors about 20 pumps.....where it took hundreds to drill and set-up....Oil and gas is a flash in the pan employer at best....they come and go......
 
layoutshooter

layoutshooter

Veteran Expediter
Retired Expediter
OntarioVanMan said:
I wasn't referring to refineries....once the drilling in a specific area is done and pump heads and stuff...it turns into a ghost town...everything is pretty much automated after that.....they leave a few people around just to monitors pressures...my cousin in law monitors about 20 pumps.....where it took hundreds to drill and set-up....Oil and gas is a flash in the pan employer at best....they come and go......
Click to expand...

Only if you look at it short term and in limited areas. Oil and gas is ALWAYS producing jobs. As long as the need exists it will do so. There are no oil jobs in Pithole, PA but there are TONS of oil and gas jobs all of the state. Refineries ARE oil and gas jobs.
 
chefdennis

chefdennis

Veteran Expediter
Don't think the "Infrastructure" isn't ongoing and a big employer within the industry..try bring in all foreign companies with THEIR own work/labor force (not the corporations coming here and hiring American workers) and see just how fast that creates an uproar....

With that way of thinking, the construction industry isnt worth anything either as far as job count..i mean, they only work if there is a need...

Let the gas and oil companies expand their exploration without the BS od the EPA and Fed licencing, and see just how often those guys setting up the infrastructure are working....again, gov interference at its best.....
 
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