Why Falling Oil Prices May Mean Higher Worker Injuries
Why Falling Oil Prices Might Mean More Workplace Injuries
Lower gas prices are providing a boon to consumers and motorists. Typically, when fuel prices drop, people are left with extra capital to spend, and businesses save money on shipping costs. However, for one sector in particular, lower fuel prices disrupt business in ways that leave workers and employers facing serious challenges.
In the oil and gas business, lower prices can create a number of obstacles. Perhaps the biggest challenge is keeping workplace safety standards as high as they were before prices dropped. While it might seem counterintuitive for the rest of us, oil workers will know precisely what this means. Let’s take a look at a few ways in which workplace safety might be negatively affected by falling oil prices.
Learn more about how low oil prices can create hazardous work environments here.