Skip to main content

Posts

Showing posts from June, 2015

Oil prices don’t affect graduates wanting to work for an Oil company

The job market is, like every other market, affected by the laws of supply and demand. When I graduated in June 2010, the West Texas Intermediate WTI crude price was $81.25. That was the lowest value oil would be at until October 2014 when the slide in oil prices which had huge effects on several economies, such as Russia and Venezuela, began.   I have never worked in the oil and gas industry. It’s not from lack of trying.Working for an oil company allows regular travel opportunities and travel has always been a huge motivation for me. Nominally, according to my undergraduate degree, I’m an engineer (though I haven’t worked as one for almost three years). Oil companies have more demand for engineers than several other degree specializations, yet whilst the oil price stayed above $100 for the vast majority of my job search, I was continuously out of luck. However, I was not an exceptional graduate and was closer to the mid-level band of my graduating class than the upper percen