Is Petroleum engineering a good major to get into in the near future?

<p>Hello, </p>

<p>Oil has dropped to the lowest in years. Layoffs have started in oil giants such as BP. Is Petroleum engineering a good major to get into in the near future? Will the classes of 2018+ still have the job opportunities?</p>

<p>Thanks</p>

<p>If anyone knew the answer to that, they could just play the stock market and quit working for a living. </p>

<p>I’m no expert in it, but I know the oil industry is quite volatile. Right now it’s clearly on the downswing, but I have no idea where it will be in three or four years.</p>

<p>All other things equal, I’d rather aim for a more general degree like EE or ME, where demand for jobs doesn’t swing wildly with the price per barrel.</p>

<p>I’ve heard that the Saudis can keep this up for a decade or more. I would plan on having a second plan in case petroleum doesn’t work out.</p>

<p><a href=“Some States See Budgets at Risk as Oil Price Falls - The New York Times”>http://www.nytimes.com/2014/12/27/us/falling-oil-prices-have-ripple-effect-in-texas-louisiana-oklahoma.html&lt;/a&gt;&lt;/p&gt;

<p>No. A big NO. Petroleum industries won’t prosper for more than one and a half decade.</p>

<p>Hellwattodo, what makes you so sure of that? The future can never be known with how quickly things change. The predictions of the oil industry dying have been around since the 70s. It’s never happened. It’s the best solution we have right now. Could things change sure. </p>