Gas Prices Skyrocket, Available Workers Plummets

Oil and gas companies are suffering a manpower shortage severe enough to expose them to shutdowns, increasing numbers of accidents, production losses and other problems, a workforce management expert contends.

The oil and gas industry is the hardest hit by a talent shortage, said Mohammed Benayoune, director of the Toronto, Canada-based consulting firm Achievement Centre International. “The average age in the industry is 47 years, which is the highest of any industry,” he said.

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Ira S Wolfe