Well the employment to actual output seems to be delayed by about 6 to 7 years, so it is more like the output has surged by a bit more then 2x but the industry jobs haven’t grown.
Arbiter51x on
So, profits for oil companies but not for employees?
Temporary-Lead3182 on
i wonder how much automation plays a role in this.
![[OC] Texas oil output has surged 5× since 2008, but industry jobs haven’t grown](https://www.byteseu.com/wp-content/uploads/2025/09/nhf3t0v05ipf1-1024x597.png "[OC] Texas oil output has surged 5× since 2008, but industry jobs haven’t grown")
4 Comments
Source: BLS and EIA, Tools: Python and Plotly
Well the employment to actual output seems to be delayed by about 6 to 7 years, so it is more like the output has surged by a bit more then 2x but the industry jobs haven’t grown.
So, profits for oil companies but not for employees?
i wonder how much automation plays a role in this.