Oil Prices, Prop 112 & Technology
5 Things To Know This Week
Technological innovation is changing the way we do business. With technology minded millennials comprising a large part of the workforce, the oil and gas industry is becoming even more intertwined with technology.
Things are looking up as oil and gas recruiting is predicted to rise in the coming months. According to a report by Rigzone, 70% of recruiters recently surveyed said that they planned to recruit for oil and gas related positions in the next six months.
On Tuesday, Colorado voters said “NO” to Proposition 112 which would have severely stunted industry growth in Colorado, and potentially the U.S. as a whole.
In a similar manner to Colorado voters, Washington state rejected a ballot initiative to create the first ever Carbon Tax.
This week’s oil prices and what’s affecting them.