Industries & Professions /
Employment for petroleum engineers is expected to increase faster than the average for all occupations through 2018, according to the U.S. Department of Labor. Excellent opportunities for petroleum engineers will exist because the number of degrees granted in petroleum engineering is low, leaving more job openings than there are qualified candidates. (According to the Society of Petroleum Engineers, the average age of its members is 52.) Additionally, employment opportunities will increase due to a need to develop new extraction methods for getting more from existing resources as well as acquiring new resources.