US oil and gas extraction employment / US oil and gas extraction unemployment (source: Rystad Energy’s Price Inflation Solution, U.S. Bureau of Labor Statistics, Rystad Energy research and analysis)

US Inflation Reduction Act: No respite on the horizon for energy industry costs, but Chinese policies could save the day

Contrary to its title, the US Inflation Reduction Act will usher in more energy service inflation in the next 18 months as the incentives offered to manufacturers struggle to keep up with the increased demand […]