Is there really a shortage of petroleum engineers?

Hi,

I heard that there is a worldwide shortage of petroleum engineers…is this true or not???

Also, is it too late to start studying petroleum engineering. I mean for how long is oil expected to be around and is it too big of a risk to go for such a choice? Also, can a PE find a respectable job easily or is it too tough?

Answer whatever you can…Thanks for any help!
dude…troyle….
that has NOTHING to do with my question..pls give relevant answers!

3 Responses to “Is there really a shortage of petroleum engineers?”

  1. Big Says:

    I am not sure if there are a shortage of petroleum engineers but there are not many petroleum engineers. As the people above me have said, people are leaning towards getting a chemical engineering degree instead as there are more opportunities for chemical engineers than petroleum engineers especially in this U.S. economy when even big U.S. oil companies are on a hiring slowdown.
    Because as a petroleum engineer, the main job you are looking for is in the oil industry it does significantly narrow your options upon graduating. The oil industry goes through cycles. There are up cycles when the cash is flowing like water and the hiring is great but there are also down cycles where budgets are cut and the hiring is more rigid. So in a sense it depends on if you are lucky to be graduating at the right time. This does not mean oil companies do not hire during down cycles, they just hire much less.
    I believe that oil will still be an integrated part in our lives for at least one more generation. Oil companies have already begun adapting and changing to try to stay alive in the years to come. As with anything that pays well, there is always a risk. The question to you is, whether or not the benefits outweigh the risk.

  2. troyleenall Says:

    being an engineer is a great undertaking no matter the FIELD SPECIALTY.

    the basic understanding of key engineering concepts and breaking them down into solvable problems AND then producing feasible and profitable results is the key.

    you wanna be able to go far ? take as much calculus and physics and computer science classes you can. be flexible and learn how to adapt.

    it has worked for nature ?

  3. Josh Says:

    Well, most schools do not offer many courses in petroleum engineering anymore, so the field is not as much dying out as going more to the chemical engineers. Going that route is probably your best bet to find a decent PE job