(AMM) Despite tentative pact, local strikes at oil firms still possible

PITTSBURGH 09 February 2009 18:25

Although the union representing oil workers has reached a tentative agreement on a new labor contract, the potential for selective strikes throughout the industry is not over.

The 78 United Steelworkers union locals representing 30,000 oil workers in the production, refining, marketing, transportation, pipeline and petrochemical sectors of the oil industry have not yet ratified the proposed pact, leaving the door open for possible strikes at select refineries around the nation?and potentially putting another damper on the energy industry's need for oil country tubular goods (OCTG).

Phil Flynn, oil analyst with Alaron Trading Corp., Chicago, said strikes...


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