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Coronavirus employment impact in oil, gas & chemicals industries in the U.S. 2021

Forecasted employment in oil, gas and chemicals industries following the coronavirus pandemic in the United States, by scenario*

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Sources

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Release date

October 2020

Region

United States

Survey time period

2020

Supplementary notes

* Each scenarios for end 2021 considered the following variables:
Pessimistic: oil at 35 U.S. dollars per barrel; gas at 2 U.S. dollars per million British thermal units; production of -10% to -5% (over 2019); valuations of -50% to -15% (over 2019);
Consensus: oil at 45 U.S. dollars per barrel; gas at 2.50 U.S. dollars per million British thermal unit; production of -5% to -2.5% (over 2019); valuations of -47% to -10% (over 2019);
Optimistic: oil at 45 U.S. dollars per barrel; gas at 2.50 U.S. dollars per million British thermal unit; production of -5% to -2.5% (over 2019); valuations of -47% to -10% (over 2019).

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