While the last year saw peaks and valleys for energy prices, salaries for petroleum geologists were relatively steady with some increase, according to the 2008-09 annual AAPG Salary Survey. An overall weighted average pay increase of 2.04 percent was charted in 2008-09. The three previous annual salary surveys totaled a whopping 35 percent pay increase.rnIt took a drop in oil price from $145 to $50 last year to slow the pay train. "The volatility and uncertainty of petroleum prices had a dampening effect on salaries," said Mike Ayling, of MLA Resources in Tulsa, who has conducted the annual salary survey for AAPG since 1981.
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