Liquefied natural gas exports represent an enormous opportunity not only to increase U.S. trade, but also to create thousands of new American jobs. These jobs would not only be created at each LNG facility, but throughout the entire value chain, by employing people such as steel workers, turbine manufacturers, pipefitters and others, which would help communities across the entire United States.
- Employment from LNG exports is expected to create or support between 73,100 and 452,300 jobs between 2016 and 2035. 7,800 to 76, 800 of those jobs will be in manufacturing, with 1,700 to 11,400 being specifically in the refining, petrochemicals and chemicals sectors.
- LNG exports are consistent with long-standing U.S. international trade policy to reduce barriers to trade, as well as with the President’s National Export Initiative to expand exports. President Obama has stated that “the United States is going to be a net exporter of energy because of new technologies and what we’re doing with natural gas and oil.” (TIME Magazine, December 2012)
- According to analysis by the U.S. Energy Information Administration (EIA), LNG exports will lead to additional U.S. natural gas production, which will in turn help create hundreds of thousands of much needed jobs in the United States. IHS CERA found that continued natural gas development will support 1.6 million jobs by 2020 and as many as 2.4 million by 2035, while a recent report from the Small Business & Entrepreneurship Council concluded that “expanded demand for U.S. natural gas in international markets will result in greater U.S. natural gas production, increased investment, enhanced GDP growth, rising incomes, and more jobs. (EIA, October 2014) (SBEC, November 2014)
- Construction and operation of a new project to liquefy natural gas for export will create tens of thousands of jobs in manufacturing, construction and transportation, which translates into hundreds of millions of dollars in new wages for U.S. workers during the construction and maintenance of the facility. (U.S. Dept. of Energy LNG Permit Application, August 2012, pg. 3-4)