Even though the oil and gas industry is currently going through another “down” cycle, make no mistake–some of the best and highest paying jobs in the country are still to be found in the fossil fuel industry. We have a list of the top 10 highest paying jobs below. We’ll state right up front they all require an advanced degree–bachelor’s degree or higher. But man oh man, do they pay! In 2018 some 1.5 million people were employed directly in the oil and gas industry, and another 1.2 million are employed in the closely-related power generation industry.