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Surprised Petroleum Engineering is still being featured as a top 10 degree
Posted on 3/1/22 at 10:33 am
Posted on 3/1/22 at 10:33 am
Fox Business Report
I got out of the industry several years back but I still have friends who are in it. I know guys that moved to mid stream after being let go several years back who still cannot find a job back on the upstream side. Is the future job market really looking up for PEs or is Fox out of touch?
I got out of the industry several years back but I still have friends who are in it. I know guys that moved to mid stream after being let go several years back who still cannot find a job back on the upstream side. Is the future job market really looking up for PEs or is Fox out of touch?
8
Posted on 3/1/22 at 10:34 am to thadcastle
Don’t be surprised. Petroleum isn’t going anywhere for many, many years.
Posted on 3/1/22 at 10:36 am to thadcastle
Eventually people will come to their senses and realize renewables can't replace petroleum. Only thing to truly hurt oil/gas long term would be wide spread nuclear - and that isn't happening with the climate crazies - until they realize their renewables don't work.
Posted on 3/1/22 at 10:37 am to auwaterfowler
quote:
Petroleum isn’t going anywhere for many, many years.
Agreed but the only people I know in the job market in Petroleum still haven't been able to make a move back upstream and they all have multiple years experience. Maybe they are just over exaggerating how hard they are looking?
Posted on 3/1/22 at 10:38 am to thadcastle
Petroleum is used for a lot of different purposes such as chemicals, plastics, synthetics, and so forth. Those aren't going anywhere anytime soon.
Posted on 3/1/22 at 10:43 am to GentleJackJones
quote:
Petroleum is used for a lot of different purposes such as chemicals, plastics, synthetics, and so forth. Those aren't going anywhere anytime soon.
The thread is about the job market not whether petroleum is going to be replaced in society.
Posted on 3/1/22 at 10:49 am to thadcastle
The profession will always command high pay which is probably why it's still in a top 10 list. The problem is the job market will also always be oversaturated.
Posted on 3/1/22 at 10:56 am to thadcastle
Spent my entire career in oil..retired oil…
Bs in PetE and BS in geology…both from LSU
There will always be petroleum products and a career but it was a cyclical business with layoffs ALL the time… I survived but know lots of people that were pushed out at various points in their career. With electric actually becoming realistic it will only become a more viscous industry to be in…
They are looking at point in time and yes today a good degree.. a few years back no.. a few years in future … who know.. as a 30 year career… I would recommend a different path…
Bs in PetE and BS in geology…both from LSU
There will always be petroleum products and a career but it was a cyclical business with layoffs ALL the time… I survived but know lots of people that were pushed out at various points in their career. With electric actually becoming realistic it will only become a more viscous industry to be in…
They are looking at point in time and yes today a good degree.. a few years back no.. a few years in future … who know.. as a 30 year career… I would recommend a different path…
Posted on 3/1/22 at 10:57 am to WildManGoose
quote:
Don’t be surprised. Petroleum isn’t going anywhere for many, many years.
Yep, the green crowd hasn't learned how to make Merle's rainbow stew or iphones out of cow farts yet. Until then, business as usual.
Posted on 3/1/22 at 10:59 am to thadcastle
Tons of jobs in upstream being posted in Houston right now. I definitely think the new grads over the past 5 or so years have been hit hard but, if you have some experience, you are fine. There will be a deficit of PEs due to the social pressure on O&G as well as the Covid downturn hurting interest in the degree. We will make bank into the future. O&G won't go away for a long time as others have stated.
11 year PE here in Houston.
11 year PE here in Houston.
Posted on 3/1/22 at 11:19 am to Thecoz
quote:Pics? I love older men
retired
Posted on 3/1/22 at 12:19 pm to thadcastle
quote:You can't see the link between job markets and societal needs?
The thread is about the job market not whether petroleum is going to be replaced in society.
Posted on 3/1/22 at 12:34 pm to thadcastle
At the end of the day do some of these business really need that many people? Unfortunately I think the answer is no.
Posted on 3/1/22 at 12:39 pm to thadcastle
Brandon may reduce oil and gas, but he will likely also send the petroleum jelly market skyrocketing.
Posted on 3/1/22 at 5:00 pm to LSUtoBOOT
He sends the market up due to purchasing oil from other countries therefore importing, driving the price up.
Posted on 3/1/22 at 5:04 pm to thadcastle
It’s in (relatively) high demand because there’s about one dozen schools in the US with a PetE program.
And enrollment patterns tend to lag oil prices by about two semesters. Source: me, a 2016 grad
And enrollment patterns tend to lag oil prices by about two semesters. Source: me, a 2016 grad
Posted on 3/1/22 at 5:18 pm to thadcastle
One of the few degrees where state schools formally "outrank" privates according to those "experts" who rank such things. Lots of bang-for-the-buck if you live in TX, LA, OK, PA or WY, and can get into the state program.
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