The Energy Industry And Its Human Resource Crisis

There were 111,500 jobs awarded to Coloradans between the years 2012-2013. As well, the industry supported 52% of the Colorado’s Weld’s County total property valuation. Based on this, property tax revenue increased to $110 per year. Twelve percent of North Dakota’s employment during 2012-2013 was devoted to the natural gas industry. As well, the industry supported $6.6 billion to the state’s economy. In Ohio, with more than 200,000 jobs for fracking, 4.7 percent went toward the total manufacturing GDP in 2012. Economical advances and increases in the job market due to fracking were also reported in states such as Pennsylvania, Ohio, Texas and other states as well. Overall, the industry has supported increase in revenues, employment rates and overall economic growth. Regina Hooper, President and CEO of America's Natural Gas Alliance puts it another way as she states, “"Capital investment as a result of shale gas production is expected to total nearly $1.9 trillion between 2010 and

Overwhelmingly, economists seek to answer how much job creation and Gross Domestic Product growth would come from a shift toward alternative energy. The International Renewable Energy Agency (IRENA) based in Dubai has just released a report that says jobs in the solar and renewable energy sectors are increasing faster than employment opportunities in fossil fuel industry for the first time. It says 8.1 million people worldwide had jobs in the clean energy in 2015, up from 7.7 million in 2014, according to Bloomberg. And according to the U.S Bureau of Statistics Employment grew six percent in solar and slumped 18 percent in upstream oil and gas and support

At the beginning of the year the President of the United States announced that the United States was in the middle of a nation wide energy crisis. The President gave many solutions including using more solar and wind energy, nuclear power, and drilling in the Arctic National Wildlife Refuge (ANWR). The President told the American people that they would have to watch their energy use and conserve as much as possible. Gas prices reached $2 per gallon in the Midwest for the second straight summer, and California continued to be hit by unprecedented power woes that forced rolling blackouts. The price of crude oil rose sharply, from around $10 a barrel to a peak of $37. The

In fact, in addition to being environmentally friendly, the renewable energy industry is actually a much larger factor in the United States economy than the oil industry. The job growth in the solar industry alone has been six times more than the overall job market. A solar foundation study found that there has been a thirteen percent growth in higher skilled solar jobs including development and manufacturing that brings the total direct jobs up to 119,000 in the solar energy industry alone – a much higher number than the incorrect figure of 42,000 indirect jobs from the Keystone XL Pipeline (Smith 3). In addition, the pipeline would employ mostly low-wage construction jobs, whereas the renewable resource industry utilizes advanced engineering and marketing skills that pay higher salaries (Kessler 2). If the evidence that Keystone does not in fact create 42,000 jobs has not deterred many people from supporting the project, than the fact that the renewable energy industry creates thousands more most definitely will. An industry that is growing, successful, and environmentally friendly should be invested in substantially more than a pipeline that offers minimal benefits and a long list of negative

Energy is a daily consumption that everybody uses in their daily lives. As a nation, we as modern people in the United States rely heavily upon energy sources such as oil, wind, thermal, natural, solar, hydraulic, etc. During the 70s, energy was a booming industry that everybody wanted to be a part of. This industry affected people 's way of living and everyday use of technology such as house appliances, automobiles, industry, and city power grids. During this era, an energy crisis occurred which had a big impact on many people nationally and internationally. This energy crisis was the result of the production peak in the 1970s, the oil crisis of 1973, and the energy crisis of 1979.

The current energy policy for the United States of America is quickly becoming obsolete in current times. With issues of national security, pollution and global warming, and sustainability all becoming ever more important in today’s world the nation is in need of a serious energy overhaul. As it stands now government entities and officials rely primarily on private companies to create and transport the energy that the American public uses daily. The problem with this energy policy stems from the three main features of how private companies handle the production and acquisition of energy: relying on fossil fuels, importing fuels, and operating in an unsustainable fashion.

In much the same sense, there is a very high cost to employers who have poor talent management practices that result in high employee turnover and a substandard talent pool. Both turnover and poor quality talent end up being much more costly to employers than investing in their most important asset - their talent – in the first place. Employers who adopt competitive compensation packages, innovative employee recognition programs and employee development initiatives can more effectively foster a positive work culture that is essential today to attract and retain “game changing” talent.

If Americans didn't have energy then we wouldn't have cars we wouldn't have stores we wouldn't have really anything. The reason is because most things that we have or use now days use energy or something like that.Then no businesses would be making money and no one would have anything so that's one reason why we Americans need energy.

Environmental factors that may influence the future of Suncor Energy and the implications on the employees and the Human Resources Department.

In contrast, some believe that renewable energy is a key factor involved in helping the economy to grow. Many jobs are created in the manufacturing and running of renewable energy plants. The renewable energy and energy efficiency technologies created 8.5 million new jobs and $970 billion in revenue in the year 2006 (Langwith, “Renewable Energy is Economically”). The American Solar Energy Society says by 2030 it could generate up to $4.5 trillion in revenue for the U.S and create 40 million new jobs. This would represent one in every four jobs (Langwith, “Renewable Energy is Economically”). This shows how vital it is to get renewable energy companies in the U.S. It is important to build a stable economy again and do it all while helping the environment.

Unfortunately, California still has not started the construction of their high-speed rail project, but this shows, early in the development of the project, that high-speed rail will create a plethora of jobs. While there are a limited number of spots in the grant (Mumma), “But there will be thousands of jobs that we need to get people ready for,” Eager added” (Sheehan). Lee Ann Eager is the executive director of the Fresno County Economic Development Corp, and while being interviewed by Sheehan, she states that there will be many more job opportunities available once construction begins, and then once the system is up and running, there will be thousands of jobs that need to be created to keep the rail system up and running safely and efficiently. A maintenance station for example, could house around 1,500 permanent jobs, and also be a magnet to further development for high-speed rail, which will in turn create more jobs. Jobs for the construction of new power plants needed to power the high-speed rail system will also be available, as well as the jobs created to maintain and use the power plant. With the need for more environmentally friendly ways of creating electricity, more companies will need to be created to build and provide maintenance for these new plants, and also for research for better ways of utilizing the different renewable energies. All of these factors mean more and more

Exxon Mobil is a business that believes in a diverse workforce comprised of talented employees who are driven by its purpose. The company retains its employees, by continually developing them to be successful. In Exhibit A, the graph explains the training costs and employee retention Exxon Mobil has during the years of 2011 to 2015. “Currently, the company employs more

During the recent past however, when the company became a more dominant global competitor and a publicly traded conglomerate, the numbers of employees leaving the firm have increased, generating adjacent problems of employee recruitment, training and retention. In other words, the major challenges currently faced by the company are related to talent management. At a more specific level, the issues refer to the following:

Jusko, J. (2012). How to Develop High-Potential Employees. Industry Week/IW, 261(9), 26-29. Retrieved from http://www.industryweek.com/

America relies heavily on foreign sources for the energy to run the country. The issue has received much media attention due to the political and economic implications it will have in the near future. This problem could at least be partially solved by using technology that already exists, rather than relying heavily on ones that have yet to come to fruition. America’s energy woes – specifically its reliance on fossil fuels – can be solved by reviving nuclear energy with the use of politics to tackle perceived dangers, technological advancements to make them more feasible, and public outreach to promote acceptance.