Monday, December 23, 2024
U.S. shale executives concerned about labor shortages amidst rising costs in 2023- oil and gas 360

U.S. shale executives concerned about labor shortages amidst rising costs in 2023

World Oil (Bloomberg) — U.S. shale executives remain concerned about the outlook for rising costs going into 2023 as they continue to struggle with hiring and retaining workers, according to the Federal Reserve Bank of Dallas. “The labor market continues to be incredibly tight in the Permian Basin,” one unidentified respondent was quoted as saying in the bank’s latest quarterly energy