End of fracking.....economic impact to United States

[Benton]

(04-11-2016, 03:14 PM)fredtoast Wrote: 20% of all jobs in Oklahoma were related to the oil and gas industry.  The impact will be brutal. 

Some of the western states that are so sparsely populated, like Wyoming, will actually lose a lot of population.  When they have boom times many of the new jobs are taken by people moving out there for no reason other than the job.  When the jobs dry up the people leave.

A few years ago, my wife and I separated. I've always loved Wyoming and I seriously considered moving out there. I don't work in the energy industry, but there were plenty of other places needing people. They had some good growth. Really glad I stayed put. I read somewhere a few weeks ago that last year, they were one of only three states that lost average income and jobs while still gaining residents. That's not a good sign.