Crude oil prices and rig counts are rising in the US and many are wondering how this will affect industry employment. As the oil and gas industry welcomed higher crude oil prices in 2017 and ushering in 2018, industry employment also saw a reprieve from massive layoffs. The United States is in recovery mode and it has created a different employment picture than years past. “There’s a general sense for some people that there’s a certain price per barrel under which no hiring takes place and over which a lot of hiring takes place. It’s not really like that,” Karr Ingham, Texas oil economist, told Rigzone. “Anything that would tick up the rig count or other measures of [exploration and production] activity won’t necessarily take employment up with it.” For the majority of 2017, the industry operated under $50 (WTI) oil. “Fifty-dollar oil in the recent environment or early […]