<p>Your absolutely incorrect.</p>
<p>Petroleum is the largest and most profitable industry in the world.
If you look at the most profitable companies in the top 100 hundred, most of them are petroleum companies.</p>
<p>Petroleum engineering is one of the few disciplines that has consistantly had more positions available than graduates. This has been the case since the late 1960s and early 1970s. In about 5 years or so there will be a huge amount of positions available because the elderly are going to be retiring.</p>
<p>Petroleum engineering is the highest paying of any engineering discipline.
Oil companies give you excellent benefits. (85,000 USD)
Petroleum engineers get to work for 3 weeks (field) and 3 weeks off(vacation). That is usually the cycle they follow.</p>
<p>Petroleum isn’t running out for at least 50 years. That is based on current estimates. But with huge potential in the Arctic areas that are unexplored there maybe more than 100 years until Petroleum runs out.</p>
<p>Petroleum engineering is still growing very fast. Especially with emerging economic engines such as China, India that have growing energy needs. Approximately 18% growth.</p>
<p>Petroleum engineering normally deals with the upstream sector of the Oil/Gas industry.
This sector is involved with the exploration, estimation of oil reserves and extraction of oil. You should have an interesting in Geology, Geophysics, Physics, Fluids, and Mathematics and some other topics.</p>
<p>It is an excellent discipline to be in.
I am currently studying as once. It is also an incredibly interesting discipline.
I highly recommend pursuing this field if that is your wish.
Don’t let some notion hold you back and don’t let others negative view of the industry hold you back from what you really want to do.</p>
<p>Petroleum engineering is not piece of cake. It is tough and those 3 weeks that you will be on shift will be tough. But the satisfaction you get from being able to directly work with helping to extract the resource that has shaped our modern world is great.</p>
<p>But then those 3 weeks of vacation allow you to pursue other interests or just relax.
This is what my professor has told me who worked in the petroleum industry for decades.</p>
<p>Good colleges to look into:</p>
<p>Texas A&M
Colorado School of Mines
Austin Texas
Alaska Fairbanks</p>
<p>Petroleum engineers must work in tough climate conditions though but its a real adventure.</p>
<p>You could find yourself on different continents every few years!
Its a job for the explorer!</p>