Haven't had a chance to get online much and then spent that time reading what people wrote about Katrina and New Orleans. Humbled and silenced about the magnitude of the disaster and extent of human misery, but my focus is drawn to the extent of the damage to the offshore oil rigs, platforms, terminal depots and refinery on the Gulf Coast.
Am not sure if this question has been addressed, but it may be critical in how fast the petroleum infrastructure in the Gulf of Mexico and along the coast is repaired and bought back into production. My question is this: Does the USA have enough roughnecks, oilriggers, refinery engineers and oil field workers to cope with and repaired the damaged equipment, platforms and refineries?
My suspicion is no, we don't and because these are highly skilled and likely dangerous occupations, not just anyone can be hired to work on this equipment. My belief, perhaps wrong, is that many of these roughnecks and engineers are older, in their 40s, 50s and 60s and that few young people have entered the field. Largely because the oil industry is looking toward the future, when oil discoveries shrink to nothing and there is no reason to grow employment in an industry entering its decline phase.
With another reason being that all existing drilling rigs are being used and manned at this moment looking for smaller oil and natural gas pockets. An entrepreneurial reality fueled by the high prices (which will only get higher) for petroleum. Meaning that everyone in the petroleum industry already has a job.
If this situation exists, it seems like a bottleneck that will be hard to solve.
