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Current Events

Moving On Up

09.10.13 | Comment?

Oil and gas get a bad rap here in the U.S., but there IS a silver lining. The petrochemical industry is one of the few sectors left that give people without a college education a genuine opportunity to climb up the income bracket. These are the kinds of jobs that can feed families and put kids through college.

In such geologically fortunate places, jobs on the oil and gas rigs or in the coal mines have taken the place, if imperfectly, of the factory jobs that once buoyed the middle class. Since 2007, private-sector employment in the U.S. has grown by a mere 1 percent, while in the oil and gas sector, jobs have jumped by 40 percent. The annual mean wage for oil and gas jobs is $92,000, twice that of other occupations.

via Moving on up in the oil patch — High Country News.

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