Technology Transforms Oil Patch Work Around the World
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Welcome to Energi Media, your go-to source for understanding the energy transition in Alberta. Our channel is dedicated to providing insightful journalism, strategic advocacy, and community engagement that empowers Albertans to embrace a new energy future. Expect a variety of compelling content, including in-depth interviews, reports, and explainer videos. We cover topics like the energy transition, economic diversification, and the shift from oil and gas to renewables. Whether you're a professional, policy maker, or informed citizen, our channel offers insights and strategies for engaging with Alberta's energy future. Subscribers gain from our narrative, "The Future is Electric," highlighting technology, economics, and policy in creating a sustainable energy landscape. Together, we'll engage, communicate, and persuade for a brighter energy future. Subscribe now and join the movement!
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Video Description
Economist Ed Hirs of the University of Houston explains how low oil prices combined with the rapid adoption of new technologies (eg AI, digital tools, automation) lead to job losses in the oil and gas sector. This is a useful framing of the context for Imperial Oil's decision to lay off 900 workers. It also is a warning: more job losses are coming. #oilandgas #crudeoil #naturalgas
Essential Oilfield Tech Upgrades
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