Employment of petroleum engineers is expected to decline through 2012 because most of the potential petroleum-producing areas in the United States already have been explored. Even so, favorable opportunities are expected for petroleum engineers because the number of job openings is likely to exceed the relatively small number of graduates. All job openings should result from the need to replace petroleum engineers who transfer to other occupations or leave the labor force.
Petroleum engineers work around the world and, in fact, the best employment opportunities may be in other countries. Many foreign employers seek U.S.-trained petroleum engineers, and many U.S. employers maintain overseas branches where petroleum engineers work.
Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook
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