Technology Transforms Oil Patch Work Around the World
Energi Media
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October 7, 2025
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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
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