Gauging the needs of the petroleum industry
Monday, February 11, 2013 - 10:00
in Mathematics & Economics
When he looked at the dramatic increase in his laboratory's thread gauge calibration income – a 50 % increase over last year and a 1000 % increase from 14 years ago – Dennis Everett saw the writing on the wall: The petroleum industry was back in a big, big way. This multi-billion-dollar industry has grown to support 9.2 million U.S. jobs and 7.3 percent of the U.S. economy. NIST has to find a way to keep up with the resulting new demands and challenges. NIST's impact on this industry is critical—NIST stands at the gateway to help prevent leaks in oil drilling operations.