The US is likely going to face its own natural gas shortage this winter. That’s in part due to a lack of investment during the pandemic and ongoing labour shortages in the US that has made hiring workers in the oil sector more difficult.
In a report released Wednesday by the Dallas Federal Reserve Bank, 51 percent of the executives from oil and gas support service firms it surveyed said they had difficulty hiring workers. Seventy percent said a lack of qualified applicants was to blame, while 39 percent said workers were looking for more pay than they could offer.
In a report released Wednesday by the Dallas Federal Reserve Bank, 51 percent of the executives from oil and gas support service firms it surveyed said they had difficulty hiring workers. Seventy percent said a lack of qualified applicants was to blame, while 39 percent said workers were looking for more pay than they could offer.
China power cuts, UK petrol woes: Why is there an energy crunch?
Energy shortages in China, the United Kingdom and Europe are causing significant disruptions.
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