Category: Industry News

  • August Employment Report: OFS Jobs Rise Again as Sector Reaches Closer to Pre-Pandemic Levels

    Employment in the U.S. oilfield services and equipment sector rose by an estimated 6,854 jobs to 648,914 in August, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology Council (Energy Workforce). Gains in August make OFS employment the highest since the COVID-19 pandemic began, but […]

  • Inflation Reduction Act Brings Challenges and Opportunities for Energy Workforce Members

    Analysis by Energy Workforce SVP Government Affairs & Counsel Tim Tarpley Energy Workforce has serious concerns about the implications of the recently signed Inflation Reduction Act (IRA) provisions, such as the methane fee and royalty rate increases and how these will increase the cost of U.S. production of oil and natural gas. However, in addition […]

  • Russia, Iran Appear to Be Working Together to Circumvent International Sanctions

    Analysis by Energy Workforce SVP Government Affairs & Counsel Tim Tarpley Recent meetings between Iran and Russia should raise some eyebrows for those watching the international energy markets. In recent weeks, Iran sent two official delegations to Moscow focused on energy and finance, including Iranian central bank chief Ali Saleh-Abadi, Deputy Economy Minister Ali Fekri, […]

  • Energy Workforce, Joint Trades Advocate with Department of Energy

    This week, Energy Workforce SVP Government Affairs Tim Tarpley, along with representatives from six allied trade associations, had the opportunity to meet with U.S. Department of Energy Deputy Secretary David Turk in Washington, DC. The meeting was an opportunity to share ideas and solutions to address the most pressing energy issues, from the organizations that […]

  • Biden Signs Inflation Reduction Act, Finalizing Year-Long Effort

    Analysis by Energy Workforce SVP Government Affairs & Counsel Tim Tarpley After months of roadblocks and failures, President Biden got one of his biggest legislative victories this week with the signing of the Inflation Reduction Act. The package now goes to the implementation phase, where multiple agencies such as the EPA, DOE and Interior begin […]

  • Colorado Geothermal Initiative Seeks Input from Industry

    Colorado’s Gov. Jared Polis recently spoke at the Energy Workforce Summer Meeting in Westminster, CO, where he discussed the “Heat Beneath Our Feet” initiative of the Western Governors’ Association (WGA). The initiative is part of the WGA Chair Initiative and Gov. Polis’ plan, as chairman of the WGA, is to examine opportunities and barriers to […]

  • Inflation Reduction Act Passes Senate, House Next

    After surviving a 16-hour “vote-a-rama,” the Inflation Reduction Act (IRA), passed the Senate over the weekend and is headed to the House of Representatives for final passage later this week. The bill, which has the skeleton of the president’s cornerstone legislation, Build Back Better, was crafted seemingly overnight between Majority Leader Sen. Chuck Schumer (D-NY) and Sen. Joe […]

  • July Employment Report: OFS Jobs Rise Again, Marking Ninth Straight Months of Growth

    Employment in the U.S. oilfield services, and equipment sector rose by an estimated 7,131 jobs to 643,092 in July, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology Council (Council) and after adjustments to June numbers. June adjusted number of 635,960 is up from the […]

  • All Eyes on the Senate This Week

    Analysis by Energy Workforce SVP Government Affairs & Counsel Tim Tarpley Plans to vote on the large reconciliation package  — Senators Joe Manchin and Chuck Schumer’s “Inflation Reduction Act” — continue to move forward in the Senate with a potential vote possible later this week. Hurdles still remain, because as of writing Sen. Kyrsten Sinema […]

  • Manchin and Schumer’s ‘Inflation Reduction Act’ a Mixed Bag for Energy Industry

    Analysis by Energy Workforce SVP Government Affairs & Counsel Tim Tarpley Energy Workforce continues to digest the potential reconciliation deal — the “Inflation Reduction Act” — in the Senate. Initial thoughts are mixed; some provisions may be beneficial to our sector while others will be negative. The below summary is based on an initial read, […]

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