Pasadena, CA — Oil prices slumped by $1 and hovered around $40, due to dismal reports of unprecedented job cuts in January. Most oil companies wrapped up miserable quarter earnings due to a virtual freefall in oil prices, which sank more than 70% since oil hit the $150-a-barrel-mark last year. Some of them have even resorted to layoffs in the oil and gas industry to safeguard themselves from the deteriorating recession. EmploymentCrossing, the leading job board, is aware of the job market situation and has launched a new job board exclusively for oil and gas professionals. OilandGasCrossing aims to consolidate and post all oil and gas jobs from every job source in the US and bring them all under one roof.
''Many oil and gas companies are slashing their budgets for exploration and oil production by as much as 50% to brace themselves for worsening conditions this year,'' says Harrison Barnes, the CEO of OilandGasCrossing. ''Several analysts predict the oil prices to shoot higher than $150 later this year when consumption of fuel will increase drastically and lower supply would lead to exceedingly high prices.''
According to several analysts, the oil and gas industry has avoided drastic job cuts until now, though nowadays signs of layoffs are ominous. Even the most profit-making energy company ExxonMobil had relatively weak earnings near the end of the year. Oil service company Schlumberger announced 5,000 job cuts worldwide recently, with more cuts expected to follow. ConocoPhillips has also planned to shed 1,300 jobs, while oil services company Halliburton has decided reduce its workforce to reasonable levels. Another oil services company Allis Chalmers Energy Inc., recently announced that it is eliminating 235 jobs in the US, and introducing some minor employee benefits, as part of its cost-cutting measures.
Meanwhile, major plans are being carried out to introduce renewable energy within three years, to reduce dependency on oil as a source of fuel for many operations. Green jobs are expected to replace those in the oil and gas industry, as alternative solutions for energy are worked upon with great urgency.
Meanwhile, the newly-launched OilandGasCrossing is committed to finding new sources of oil and gas jobs daily.
OilandGasCrossing charges job seekers $29.95 to access the hundreds of oil and gas jobs on its site. However, it is currently offering a free, seven-day trial to allow users to familiarize themselves with the service. The free trial is available to everyone on the site’s registration page for a limited time. For more information about OilandGasCrossing, please visit www.oilandgascrossing.com
About OilandGasCrossing
OilandGasCrossing is an affiliate of EmploymentCrossing, a powerful and comprehensive organization dedicated to helping professionals find jobs that will enhance their careers. OilandGasCrossing consolidates every oil and gas job opening it can find in one convenient location.
Why People Prefer OilandGasCrossing to Other Job Sites
"Using people and sophisticated technology, we search tens of thousands of employer websites, newspaper classified sites, job boards, government sites, public interest sites and more looking for jobs for you."
Using salespeople they call employers and try and get them to pay hundreds of dollars for a job posting
We bring all of the jobs we find into our database.
The job site only posts jobs in its site that companies pay to post.
We filter all the jobs and show you what we find that matches your interests.
They only bring in the jobs to their database that employers pay to post on their site.
We keep a low profile (we do not advertise) and only allow subscribers on our site so there are fewer applications for the jobs we find.
The job site allows any job seekers with an Internet connection, free access. It aggressively advertises the job site to bring as many job seekers as they can to each job, so employers are flooded with applications and will pay to post again.
See Every Oil and Gas Job We Can Find on the Internet!
Unlike other sites, OilandGasCrossing works for you and does not charge employers to post jobs and actually goes out and researches jobs for you. The jobs you see are the jobs we find for you and not the ones employers are paying us to post.
To compare EmploymentCrossing with other job sites
Top 101 Reasons to Sign Up for OilandGasCrossing
Reason 43: OilandGasCrossing saves you hours upon hours of research time by taking care of all the grunt work for you.
It is easy to find the jobs you need on OilandGasCrossing.
UNCENSORED REVIEWS!
Stephen , Lake Oswego, OR
I appreciate the online application of resume and cover letter on OilandGasCrossing. It saves a great deal of time. The site's advance search engine is also fantastic.
Mandie , Quincy, MA
OilandGasCrossing has a large quantity of jobs which are updated very frequently--ensuring freshness.
Linda , Brownsvelle, TX
On OilandGasCrossing it's easy to access the vast variety of jobs on offer. The search engines are superb!
OilandGasCrossing - #1 Job Aggregation and Private Job-Opening Research Service — The Most Quality Jobs Anywhere
OilandGasCrossing is the first job consolidation service in the employment industry to seek to include every job that exists and not charge employers to post jobs on its site.
OilandGasCrossing uses sophisticated technology and manual work to comb employer websites and other job boards for jobs and bring them all to its site.