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Really?Trump government give the industry’s current cloud a silver lining

2018/12/14 11:39:47

Really?Trump government give the industry’s current cloud a silver lining

It’s no secret that the past two years haven’t been kind to the many in the oil and gas sector who’ve lost their jobs and the scores of businesses that have been forced to shut their doors. According to the Houston Chronicle, about 350,000 people in the oil and gas industry have lost their jobs since the industry downturn.

If things had gone differently that night and we were faced with a Clinton presidency, unemployment would’ve risen and the pipeline industry would’ve experienced even more roadblocks preventing much-needed infrastructure upgrades and new pipeline projects to meet the nation’s growing energy demand.

Without a doubt, Clinton is no friend of the oil and gas industry and in an August 2016 interview with NPR, Trump said, “Clinton not only embraces President Obama’s job-killing energy restrictions but wants to expand them, including going after oil and natural gas production that employs some 10 million Americans. According to the Heritage Foundation, by 2030, the Obama-Clinton energy restrictions will eliminate another half a million manufacturing jobs, reduce economic output by $2.5 trillion dollars, and reduce incomes by $7,000 dollars per person.”


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