While 2009 proved an extremely difficult year for all industries Authentic Jonathan Toews Jersey , the predictions for the gas and oil industries would seem to be extremely positive. This also bodes well for the creation of more oil jobs and careers for those looking to move into this buoyant industry.
Oil and Gas To Soar in 2010
A report from the World Offshore Drilling Forecast has suggested that the amount of rig spends will increase and that drilling exploration is set to expand by a further 7% over the next three years. Not only is this good news for those in existing oil jobs and oil careers, but it is an exciting prospect for those looking to become a part of the industry. New oil rigs means the creation of new jobs in every aspect of the industry, from drilling jobs and oil rig jobs to those in the upstream positions of oil production.
As the stability of the oil and gas industry also has a profound effect on other industries, this news may also have a beneficial effect on the world's economy in general; and it's news that couldn't have come at a better time.
Market Reports from oil industry analysts Douglas Westwood forecast an increase in spending in the oil industry of over 32% between the years 2009 and 2013. A side effect on the industry as a whole is that it will expand opportunities for production and recruitment with the smaller and medium sized oil companies Authentic Duncan Keith Jersey , who have been the first to suffer in the face of the recent economic downturn. These companies, however, have acted shrewdly during the recession by freezing jobs and wages, rather than opting to streamline their workforces. This puts them in a prime position to return to production without hindrance Cheap Patrick Kane Jersey , and offer new oil jobs as the economic recovery takes hold.
Eyes to the Future
It would seem to be something of a paradox that, as oil reserves are reported to be dwindling, the oil industry is set to increase its drilling and production potential. However, Steve Redgrave Cheap Corey Crawford Jersey , the chairman of Podrill predicts that the industry is 'moving into a higher oil price and lower rig rate environment and so expects to see a surge in drilling activities.' Countries such as the former Soviet Union, East, North and West Africa and South America ys[/url] Wholesale Jerseys China