Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Grand Staircase-Escalante National Monument


Trump’s Monument Shrinkage will Not Create Jobs

Santens pointed out that most of the oil and gas rig jobs in the United States have been replaced by robots in the past few years. The bothersome reality here is that oil and gas drilling does not create that many jobs. During the peak of the last oil boom in 2015 around 700 Americans were employed on drilling rigs. Futurism’s Scott Santens estimated. Today, around 174 people are employed on oil and gas drilling rigs in the USA, and those numbers are falling dramatically because of automation.

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