Energy

Texas breaks jobs records again, but oil-gas sector outlier indicates volatility
Texas employers reported the largest labor force in state history again with a new record of 15,778,500, marking 57 of 59 months of growth. Over the year, Texas’ civilian labor force added 301,400 workers, more than any other state.

Oil and gas drilling activity continues to slide in Louisiana and nationwide
In February 2025, the average number of drilling rigs operating in the United States stood at 590 — down 32 rigs from the same month in 2024, a 5.1% year-over-year decrease. The number of rigs targeting crude oil fell by 14, while those targeting natural gas dropped by 19. Natural

Line 5 Wisconsin hearings set; Michigan pipeline permits fast-tracked
The pipeline currently sits on the shoreline in that area. The Michigan Department of Environment, Great Lakes, and Energy approved Enbridge’s proposal three years ago while the Michigan Public Service Commission sanctioned it in late 2023.