how will new president affect the oil and gas industry?
i work in the u.s. oil and gas industry on a drilling rig and i am concerned about how the new president will affect my job depending on who is elected.
i work in the u.s. oil and gas industry on a drilling rig and i am concerned about how the new president will affect my job depending on who is elected.
September 17th, 2009 at 10:31 am
i hope you get tossed down the well and torched…nothing personal
September 17th, 2009 at 10:31 am
mccain wants to put more taxes on gas and oil
September 17th, 2009 at 10:31 am
That is aquestion too see.Has we don’t who will be in office
September 17th, 2009 at 10:31 am
If its Hillery she will most likely Nationalize the oil Companies and steal all their profits "for the common good".
September 17th, 2009 at 10:31 am
Not much. Oil and gas prices are determined by the world market forces — not by whether the US Pres has a D or an R on their record
September 17th, 2009 at 10:31 am
I have not really been watching things that closely…
but
from what I have seen and heard so far, none of the major candidates haven’t said much about HOW they going to anything.
elections still a long ways off.
I don’t think oil and gas industry will be effected at all
September 17th, 2009 at 10:31 am
I highly doubt the President of the U.S. has any effect on gas prices. Like any product, prices are influenced by supply and demand. I remember after 9-11. Gas prices spiked very high. The only thing the government could do in the way of relief was to revoke the state and federal tax. They had no power over the actual cost of a barrel of oil.
Looking for alternative sources may effect your job more but it wouldn’t be done overnight and employees would probably be assimiliated into some other part of the process.