Oil & Gas Job Changes 2014-2015
Corpus Christi
-564
Coastal Bend
-2,645
South Texas
SHALE OIL CYCLE
-5,918
8
Texas
-25,597
-30000
-20000
-10000
0
Crude Petroleum and Natural Gas Extraction
Natural Gas Liquid Extraction
Drilling Oil and Gas Wells
Support Activities for Oil and Gas Operations
Source: EMIS, 2015Q4.
Corpus Christi is also highly exposed to the decline of the oil industry, even though its
oil- and gas-related employment share has reduced appreciably from the peak around
6 percent in the 1980s to 3.5 percent today. With more diversification across industries,
this metro area suffered a rather modest loss of 564 jobs in oil field jobs in 2015.
That said, at a time of oil declines and associated layoffs, the ramp-up of multi-year
industrial construction projects, have somewhat muted the direct impacts.
Annual Review of South Texas Economy