DEG-Related Articles

The future for a petroleum geoscientist might seem more uncertain these days as the transition to cleaner energy begins. Fewer students have their ambitions set on oil and gas careers and industry professionals are beginning to question how their knowledge and skills will fit into a world of new energies. But, as many observers have noted, oil and gas will continue to play a key role in fueling the energy system for decades to come. As well as being needed to explore, geoscientists will be the bedrock for many emerging roles prompted by the transition because of their expertise in the subsurface.

When introducing his American Jobs Plan, President Biden promised it would invest “in America in a way we have not invested since we built the interstate highways and won the Space Race.” To put that investment in perspective, the interstate highway system, encompassing 47,000 miles of roads, cost $500 billion in today’s dollars, adjusting for inflation; the Apollo Program, about $194 billion. The price of the American Jobs Plan: $2.3 trillion. Included is significant investment proposed for the energy sector, which includes expanding clean energy sector tax credits, offering block grants and increasing government purchasing power to aid the new renewable sector.