Petroleum engineering scope

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Is it fine to opt petroleum engineering after A levels? I have heard several people saying that there is no point of doing petroleum engineering when you will have no petrol after 10 years?
any views about it? ANd what about the jobs? Can petroleum engineers get high paid jobs?
 
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currently petroleum engineers gets highest paying jobs world wide, there is no question about.I m not sure about future ,Although it looks like that its gonna fade away in the upcoming years ! My choice is Mechanical ;)
 
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