Petroleum bubble? Will it pop?

<p>@jan2013
I’m not sure what you’re talking about, but both of us from Texas said the Texas schools were generally superior to the Oklahoma schools.</p>

<p>“Anyhow, after getting a degree from PETE in Oklahoma and if you are looking for work, I can give you direct line to these companies: Schlumberger, Halliburton, Baker Hughes, Nordam, etc. They have the facilities, training office and production line in oklahoma.”</p>

<p>What is your point here? Most of these companies have as many or more opportunities in Texas. Let’s take Halliburton for example. They have some training and manufacturing in Duncan, OK and offices in OKC, but they are headquartered in Houston, TX and have manufacturing facilities in Houston and Dallas. They also have more field offices in Texas. I may be a Texas homer, but the facts back me up. There are more oil jobs in Texas and at the very least UT is ranked higher than any Oklahoma school.</p>

<p>Howdy,</p>

<p>Dont believe anything this homer from Texas, stategrad, as NOT EVERYTHING FROM TEXAS is big…LOL</p>

<p>PETE in oklahoma is as good as the once in texas. That is PETE only but not other majors. Our PETE schools are highly ranked and in fact PETE ranking between #1, #3 or #5 there is no difference at all. For example, MIT and Cal-Tech and Stanford all are top schools and Top Ranking in Engineering, do you see any real differences in their ranking?..</p>

<p>Moreover, you also said: “take Halliburton for example. They have some training and manufacturing in Duncan, OK and offices in OKC…” So, what’s the difference Halliburton in OK and Texas? can you tell and break it down for us?</p>

<p>So, if Oklahoma has those oil-and-gas companies (Schlumberger, Conoco, Halliburton, WILLIAMS & CO, Nordam, ONEOK, etc) and Texas has the same, what’s the difference?..or, what’s a big deal?.</p>

<p>Then again, NOT EVERYTHING IN TEXAS is big…</p>

<p>So, anyone who is interested in PETE (that is Petrol Engineering), please come to Oklahoma and we will treat you with respect. We are small state but we are as big as texas in PETE.</p>

<p>I don’t get why you are arguing about this. There are great opportunities in both Texas and Oklahoma, but there are clearly more in Texas. Houston’s economy is based largely in energy.</p>

<p>Of the 21 major oil exploration and production companies in the U.S., 12 of them have headquarters in Texas vs. 3 in Oklahoma. A similar trend holds true for service companies.</p>

<p>Half of the companies you mentioned are headquartered in Texas and have larger operations there. Just concede there are opportunities in both Texas and Oklahoma.</p>

<p>Stategrad: You are so typical texan always believe everything is big in texas and always put down others. Now, that is bad…really bad.</p>

<p>You said" “There are great opportunities in both Texas and Oklahoma, but there are clearly more in Texas. Houston’s economy is based largely in energy.”</p>

<p>I would say this: you are talking non-sense. Opportunities are plentiful in Oklahoma and in fact, If follow the news about recession, bad economy and people cant find work, you will find out that such things do not have the impact with oklahomans. We always have jobs and OKC and Tulsa are among top cities that have plenty of jobs…Dont believe it or just being ignorance about this?..</p>

<p>If Oklahoma has plenty of work and low unemployment rates then you dont know it, shame on you…LOL</p>

<p>We have plenty of opportunities and even better than texas and we have same oil-and-gas companies that you guy have…then what’s the difference?..</p>

<p>Just give up and trying to be the big while you are just as equal as us in terms of opportunities…</p>

<p>Then again, to y’all that are looking into Petrol Engineering, please come to Oklahoma and we will treat you right and with respect. Meanwhile if you go to Texas, they will put you down and will ignore you.</p>

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<p>If your posts are an indication of how people from Oklahoma are, I’d rather move to the Lone Star State.</p>

<p>RacinReaver: You also are typical texan that is gang up on people and can not do mano-amano, one-on-one?..LOL…well, if that is the case then still no respect for y’all texans.</p>

<p>Oh by the way…I am proud of our PETE schools as they can beat texas anyday and anytime…</p>

<p>oppppsss you hear that, their footstep?..they all start coming in, the texans to gang up on me.</p>

<p>Alright. I’m from Tulsa, and I can say for a fact that Tulsa and Oklahoma in general is pretty awesome and well rounded, but I also imagine Texas is as well. Now both Texas and Oklahoma are very oil centered. Houston definitely holds more corporate headquarters than say Tulsa or OKC, but remember, Tulsa was the oil capital of the world for like 50 years, but that’s Houston now (I believe). For what reason UT or AnM outdo TU or OU I don’t know, although I think it has to do with the size of the school, but every Big oil company recruits heavily out of all of those schools. Both states play the oil game well, now can we just hug it out?</p>

<p>Tulsa also does have some of the lowest gas prices in the nation, although they still seem redonkulous.</p>

<p>I’m used to see computer nerds going back and forth…</p>

<p>This thread is amusing :)</p>

<p>lol this website is funny. So many biased opinions.</p>

<p>Op you will get misguided looking for your answers online. Contact an engineering department. talk to accredited people in person. Or the ones that are directly in the field. Other wise you will get only opninions more than facts that will help you. </p>

<p>This site has alot of angry people with misconceptions lol</p>

<p>To the OP: I say go for it. LSU is a good school and is likely well represented by employers in that area of the country. If there is a petroleum bubble that pops, at least you have biology credentials to fall back on. Be sure to make contacts in the industry during school and get internships if you can.</p>

<p>For the record, I haven’t been spewing all biased opinion with nothing to back it up. I’ve worked in the field, numbers are numbers, and stats are stats.</p>

<p>From BLS:</p>

<p>Texas - 18,060 petroleum engineers with mean salary of $147,070
Oklahoma - 3,090 petroleum engineers with mean salary of $146,770
Louisiana - 2,440 petroleum engineers with mean salary of $120,720
Colorado - 1,220 petroleum engineers with mean salary of $124,540
California - 1,210 petroleum engineers with mean salary of $121,630</p>

<p>Employment in the field is expected to grow by 17% in 10 years.</p>

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<p>Oil & gas accounts for about 54% … I got 2 years til I finish PetE, and I’ll be damn if some other resources can overtake this world’s energy source within 10-20 years probably not even 30 years. I’m not worry at all.</p>