The global COVID-19 pandemic, the abrupt vanishing of energy demand in response to social distancing, and the rapid drop in oil prices have combined to create unprecedented challenges for the energy industry. Pink Petro, along with University of Houston Energy, Robert Gordon University in the UK, the Petroleum Equipment and Services Association (PESA), and the Independent Petroleum Association of America (IPAA), partnered together to gather data from a cross-section of energy workers to examine how energy companies and energy workers are handling the crisis, and what practices and policies are helping employees effectively deal with COVID-19 imposed challenges.
The Results
- 90% of employees say their companies have responded to the pandemic effectively
- 53% are worried about job security
- 47% are optimistic about the long-term health of the energy industry
Ethnicity and gender impacted the results in a big way too, but probably not how you might think!
We brought together some of those involved in the study for a discussion on what the results mean, policy recommendations, and predictions.
Josh Levs, former CNN and NPR journalist hosts this session with CEO and Founder of Pink Petro, Katie Mehnert, Dr. Christiane Spitzmueller, Professor of Industrial-Organizational Psychology at the University of Houston (UH), and Leslie Beyer, the Executive Director of the Petroleum Equipment Service Association (PESA).