Trump’s tariffs will cost Texas oil and gas jobs

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Ryan Maye Handy & Jordan Blum | Houston Chronicle

Tariffs on steel and aluminum will have a heavy impact on employment in Texas, where the number of jobs in the energy industry — which relies on foreign steel and aluminum for rigs, pipelines and other equipment— are nearly double the number of aluminum and steel jobs nationwide.

The U.S. can expect to lose between one and 1.5 oil and gas jobs for every single steel or aluminum job saved by the tariffs, said Karr Ingham, an economist who studies the Texas oil industry. Texas has 225,000 jobs in oil and gas exploration, production and services, far more than the 140,000 jobs nationally in steel and aluminum that the tariffs are meant to bolster, Ingham said.

And that’s not counting the Texas employees who work for refining, pipeline or petrochemical companies, he added.

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