by Ironmike » Fri 19 Aug 2005, 06:48:23
I quit my job as a manufacturing engineer and went back to work making oil field equipment as a machinist in January of 2003. The most money I ever made as an engineer was $70,000 with a bonus. In 2003 I made $80,000, in 2004 - $90,000, and this year will be $100,000. Conditions are much better as well. Show up when you feel like it, flexible schedule. Lots of overtime, but I spend 70% of my time on the internet reading while my machine does the work (CNC). The company I work at is running full out right now. Their business is doubling every 18 months. We are subbing out all the work we can. Right now we cannot find another machine shop in Houston that is not fully booked. I became aware of peak oil in 1998 so I was expecting this. The war with Iraq was the trigger for me. As oil and gas prices rise, they will be forced to go after smaller and smaller finds. This will require much more equipment.