The Permian Can’t Scale If No One’s Left to Work It

US Shale Can't Scale If No One’s Left to Work It

A form of class warfare hits shale players Too few young workers like the industry and its long-term career prospects.

The Permian Can’t Scale If No One’s Left to Work It

The U.S. shale industry faces a structural shift in production and productivity while it has been grappling with a shortage of skilled workforce for years. Booming U.S. oil production may be nearing its peak, according to industry executives and forecasters, and it isn’t just because oil prices are dangerously close to breakevens. The perennial talent crunch is weighing on the US oil sector. Rising labor costs and a shrinking talent pool add to …