Bauer Business Focus

Petroleum Economist: Texas’ Oil And Gas Jobs Recovery On Track

Many of the jobs lost during the oil downturn will likely never come back, but Karr Ingham with the Texas Alliance of Energy Producers says it’s wrong to call this a “jobless recovery”

Of the 115,000 oil jobs lost in Texas since 2014, only 35,000 have come back

At above $70 per barrel, the price of oil is at its highest since before prices crashed in late 2014.

But of the 115,000 Texas oil and gas jobs lost in the downturn, only about 35,000 have come back so far.

Still, petroleum economist Karr Ingham with the Texas Alliance of Energy Producers said this is not a “jobless recovery.”

Click the play button above to listen to the interview.

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Florian Martin

Florian Martin

Business Reporter

Florian Martin is currently the News 88.7 business reporter. Florian’s stories can frequently be heard on other public radio stations throughout Texas and on NPR nationwide. Some of them have earned him awards from Texas AP Broadcasters and the Houston Press Club. Florian is a native of Germany. His studies...

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