Why does train engineer make so much money

New Jersey Why so many drop-outs? Furthermore, while safety is a top priority for railway companies like CN, the job certainly provides a risk factor that doesn’t exist for those working behind a desk.

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We have changed the way we log in on College Confidential. Read more. March edited April in Engineering Majors. I realize there are plenty of threads on PetE, but I thought it monfy be helpful to stop beating around the bush and approach this logically. This is only one small part of the puzzle, so my personal factors in whether or not I do end up majoring in PetE isn’t very relevant right. So, obviously any question of salary has to do with supply and demand; clearly a large demand for PetE in the lucrative oil field allows employers to pay their engineers enormous amounts of money. My question is, what exactly keeps the supply of graduating PetEs so low?

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Hi, I am thinking about becoming an engineer and I have been doing some research. I found many different results from thousand. I am interested in the mechanical-robot-aerospace kind of engineer. Please tell me about salaries. Experts only please and could you also tell me why do people in the medical field make so much money and not engineers? Your numbers sound like they are in the right ballpark.

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We have changed the way we log in on College Confidential. Read more. March edited April in Engineering Majors. I realize there are plenty of threads on PetE, but I thought it would be helpful to stop beating around the bush and approach this logically. This is only one small part of the puzzle, so my personal factors in whether or not I do end up majoring in PetE isn’t very relevant right. So, obviously any question of salary has to do with supply and demand; clearly a large demand for PetE in the lucrative oil field allows employers to pay their engineers enormous amounts of money.

My question is, what exactly keeps the supply of graduating PetEs so low? Scientifically, drilling for oil thousands of feat below the ocean seems as intriguing as any engineering career. Is it because they are the cream of the crop amongst engineers?

So what exactly are the main reasons why so few students choose to pursue a career that is probably THE best option in terms of salary to education ratio and thus keep the average salaries so high?

Is it the difficulty in family life? Perhaps some health hazards from being around crude oil? The excessive traveling? March edited April Post edited by broncos on April Replies to: Why do Petroleum Engineers make so much money? Apoc replies 8 threads Senior Member. March One factor that may dissuade some potential petroleum engineers is that working in the oil field is a huge time commitment of reporting at 6 am and working pretty late.

You need to travel to the job and there is typically not a huge variety of workplaces lots of these jobs are in Texas so that can also be a turnoff to some people. I’m not exactly sure of the daily workload so someone please comment on. There are a few reasons why Petroleum engineers are well paid: 1 — Lack of supply. There are only a handful of accredited petroleum engineering departments in the nation. Collectively they produce only a couple hundred graduates each year, which is barely enough to keep up with demand as oil and gas companies need new graduates to help bring online new production.

Additionally, petroleum engineering is one of the few fields where there really is a wave of retirees who are leaving the field. Lastly, salaries for experienced petroleum engineers are so high that it’s almost impossible for schools to attract faculty to start new departments.

As mentioned before, why does train engineer make so much money petroleum engineers spend the first few years of their careers working in the field for hours a day, 6 or 7 days a week with very little vacation. It’s not a glamorous job, and for many not exactly what they look forward to in a career. Oil and gas is extremely lucrative, so companies spend lots of money attracting «top talent» which has started a wage war. You can literally move companies every two years and get a hefty raise each time you do so, and no one will blink an eye in an oil and gas company, because so many people do.

Overall though, I wouldn’t recommend petroleum engineering unless someone thinks they’re really passionate about it. A lot of people go into the field because of the high salary, but then find out that the job is not anything like they imagined and wind up very miserable. KamelAkbar replies 48 threads Member. Same reason miners get paid a lot of money without a high school diploma: a lot of people don’t want to do it.

DivZero replies 13 threads Junior Member. It is also incredibly complex to mix mechanical engineering, chemical engineering, and geology. A lot of people find rocks boring, that’s why. Because nobody wants to be a petroleum engineer. I think they get made the most fun of around campus. DivZero wrote:. You think building a reservoir simulator is easy? Trust me, PE is more difficult then it first appears.

Modeling fluid flow in heterogeneous dual porosity multi drive multiphase systems s of feet underground is not easy. It definitely requires a different type of engineer than your book smart MIT grad since so much of it is people oriented. There is a big difference between solving a complex problem and actually implementing the proposed solution. Personally I just hate oil companies and don’t want to work in a field that will hopefully die at some point during this century.

We can do better than burning hydrocarbons to get energy. A lot of people would rather get a job paying the same money where they’d have to get ripped apart by the Cenobites and put back together a dozen times a day. I mean, the location is a lot better for one, and it doesn’t require as much formal education, so you’d save on tuition.

Plut0nium replies 8 threads Junior Member. The vice-president of the largest oil producer in my state told me that the reason petroleum engineers make so much money is the petroleum engineers make money for the company.

Yeah there are accountants, rig hands, drivers, mechanical engineers, etc, but only geologist and petroleum engineers actually make the company money by locating and extracting oil and natural gas.

There are also many other factors such as working many hours, increasing demand for energy, retirement of current engineers, working in remote locations.

It’s too simple to say that the supply is low because it’s not taught at a lot of schools. When pharmacists were making a killing, a dozen new pharmacy schools opened up. Also, there seems to be a pretty wide spread grim outlook for the oil industry lately that may be contributing to the lack of kids going into PetrE. Especially among those not living in an oil producing region, who tend to be not very well informed on the industry. You’ll find many people who believe oil will be gone in the near future, 5, 10, 15 years from.

There’s also many people that think we won’t need oil in the near future. Really the only person that supported me when I said I wanted to do PetrE was my father.

Everyone else I knew thought I was stupid for going into a soon to be dead industry. When i first wanted to do petroleum engineering everybody around me told me oil is gonna either run out or be ineffiecient in a couple of years.

The main thing that attracted me to petroleum engineer was the fact that one of the first sources that spoke about it said that the field was a gamble. I like gambling so why not. Even when the oil well blowout occurred in the gulf some years. I remember well known posters like ForeverLSU saying that its impossible getting a job. Might be like that again when i graduate. But the rewards are worth the risks to me.

There really isn’t a risk The question isn’t if oil will run out and be phased out of the world economy, but. Now, I know that is a hotly debated topic, but chances are anyone graduating from college around now has more than a career’s worth of oil production left in the world, so they will be fine. What is less clear is the children of that same generation.

That is also a pretty good partial reason why schools don’t elect to start up new departments in petroleum engineering despite it being a hotly recruited job right.

It would simply take too long to develop and by the time the department was mature, oil would be declining. With that in mind, I only see the salaries of petroleum engineers going up from here until at least the production peak. After that, getting into the field would be more risky. The reason oil companies exist is because oil is worth a lot.

The reason oil is worth a lot is because there is a high demand for it. A demand from you and every other person taking part in our industrialized society. Whether you like it or not you’re addicted to oil so you can cut the holier-than-thou BS.

It’s like snorting a line of blow why does train engineer make so much money couple hours every day of your life and then saying «I hate coke dealers». You do know the oil companies do and fund the majority of renewable energy research and implementation right? So if you want to work in that industry you may be surprised to find yourself working for or funded by BP or Chevron So just because I’m dependent on oil, I’m not allowed to complain about oil companies?

That’s ridiculous. Anyways, all I’m saying is that I would rather not be part of a dying albeit slowlyenvironmentally unsound industry that is pillaging our collective wallets.

If I were in the energy industry, I would much rather research newer technologies and figure out a viable replacement or set of replacements for oil. Recent Activity Seeking input on some engineering programs. Computer Engineering and a worried parent Biomedical Engineering? Realizing you want to do Biomedical engineering late I would like to be a Nasa Aerospace Engineer, what would I need to take to obtain this career?

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How Much Do Railroad Conductors REALLY MAKE? 2019

Replies to: Why do Petroleum Engineers make so much money?

This service is free thanks to our mony. For You. Rail Yard Engineers. The role: Train conductors are responsible for the safe co-ordination and operation of locomotives. Switching and Routing. They use their engines to move individual cars in front of loading bays, or arrange cars to be pulled by long-distance trains. Popular Skills for Locomotive Engineer Avg. Below are the most popular skills englneer their effect on salary. Other Types Two other job types of jobs fall under the train engineer classification. United States. Corbett, who was appointed this year by Gov.