Oil Industry Paradox: Record Production Meets Historic Job Losses as Automation Takes Hold
• 1 min read
The U.S. oil and gas sector faces a stark reality as employment plummets despite soaring production levels, with workforce numbers dropping from 600,000 to 380,000 since 2014. Driven by automation, AI adoption, and outsourcing, the industry's transformation mirrors coal's decline while highlighting technology's impact on traditional energy jobs.