Report: 2,500 oil & gas workers in Texas lose their jobs in 10-day span

Texas Workforce Commission information shows that the oil and natural gas industry shed another 2,500 jobs over the past 10 days, according to a report from the Houston Chronicle. The report shows 13 companies laid off 2,525 people. The service sector, which includes drilling rig operators, hydraulic fracturing crews and manufacturing, took the hardest hit, according to the Chronicle. The report blames record low oil prices and the coronavirus pandemic hurting demand for products and services...MORE