Facts

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An American energy revolution has unlocked a vast supply of clean-burning natural gas, more than enough to meet the needs of the nation for generations. But there’s another way America can put its natural gas to work.

We can keep the vast majority of our natural gas here, to meet consumer and industry demand, and sell some to America’s trading partners in the form of liquefied natural gas, or LNG.

Each liquefaction plant built represents a multi-billion dollar investment in America that will create jobs at construction sites as well as grow local economies that benefit from natural gas development.

Fact #1

Each export terminal for LNG is a multi-billion dollar investment, which not only creates construction jobs but also permanent manufacturing jobs. According to the U.S. International Trade Administration, every $1 billion invested in exports creates 6,000 new jobs, and current projections for LNG exports range from $13 billion to $25 billion, or as many as 150,000 new jobs.

Fact #2

At a time when states and municipalities are being forced to cut vital public services, just one LNG export terminal could create nearly $11 million in new tax revenue every year for federal, state and local governments. Total government revenue (taxes plus royalties) from a single export facility could exceed $25 billion over a 30-year time frame.

Fact #3

LNG exports could substantially reduce America’s trade deficit. According to a study by ICF International, just one LNG export facility could reduce the trade deficit by as much as $7.1 billion.

Fact #4

Selling some of America’s natural gas would mean billions of dollars in new business for manufacturers in the United States. Each terminal that would be built to liquefy and export natural gas represents up to $10 billion in investment – not only in parts, materials, and other equipment from companies across the United States, but also in wages and salaries for American workers.

Fact #5

A recent IHS CERA study found that shale gas development supported one million jobs in 2010, and expanded development will support 1.5 million U.S. jobs by 2015 and 2.4 million jobs by 2035. And as studies from Deloitte and the Energy Information Administration (EIA) highlight, most of the natural gas (63 percent) needed for LNG exports will come from new production.