O&G Members Banner

Rig Writer

The BP Spill and Job Creation

Contributor: Rig Writer
Posted: 02/04/2013
Rate this Column: 
Be the first!

Wildlife. Fish. Tourism. Real estate prices. As if all that wasn’t bad enough, now jobs are going to be affected by the BP oil spill.

In fact, it is estimated that because of the oil spill, 1 million jobs could be lost in the next five years.

As if we all didn’t have enough to worry about in this economy.

But wait just a minute. It’s not all doom and gloom. Because, yes, industries are being negatively impacted by the oil spill, and people might lose their jobs. But other industries might see a boom.

That’s right. The oil spill might actually create jobs.

After all, people are down in Louisiana to clean up the spill. Those people have to eat. And sleep. So there needs to be people to run restaurants and grocery stores and hotels.

Maybe it will only be a temporary increase in jobs. Because, hopefully the oil will be cleaned up sooner rather than later. But still, more people working is more people working. And who knows, the jobs created during the oil spill clean up may stay jobs long after.

Because after looking at all the negatives that came from the BP oil spill (namely, everything), it’s nice to have a glimmer of hope come out of it.

By Jessica Livingston

Want to learn more? Read the latest Oil & Gas Industry analysis now.

LEARN MORE:

Have Your Say
Rate this feature and give us your feedback in the comments section below
Contributor: Rig Writer