Manufacturers are committed to pursuing policies that keep energy costs low and our environment clean and provide manufacturers with the fuel they need to compete. As a part of that commitment, manufacturers believe continued shale gas development is a critical component of a successful energy strategy and creates jobs to boot.
Reaching our climate goals is impossible without natural gas because it’s one of the cleanest sources of energy. And natural gas helps reduce our carbon footprint through underground pipelines, which help keep highways and streets free from unnecessary truck traffic and accidents. By making use of all of the United States’ domestic energy sources, we can ensure the best environmental outcomes at the lowest costs.
And affordability matters. A new report out of Texas has found that the state’s manufacturing output doubled between 2009 and 2016 in large part due to advancements in natural gas technology:
A new report from Texans for Natural Gas shows manufacturing output has increased 50 percent from 2009 to 2016 as the state’s energy producers continue to capitalize on advancements in fracking technology. New technologies have also reduced costs for U.S. chemical companies by 8 percent.
Texas shale-related manufacturing exports increased 68 percent between 2007 and 2017, the report notes. New chemical manufacturing investment in Texas, meanwhile, is expected to support 182,000 permanent new jobs by 2025 and add nearly $14 billion in wages for Texas workers.
As the study notes, investments are expected to support 182,000 new and permanent jobs in Texas by 2025.
Natural gas energy is a pillar of the American economy. It allows us to be productive at home and work. Relying on one-third of the energy used in the United States, manufacturing contributes $2.25 trillion to the U.S. economy annually. For every $1.00 spent in manufacturing, another $1.89 is added to the economy. That is the highest multiplier effect of any economic sector. And for every one worker in manufacturing, there are another four employees hired elsewhere. Together, natural gas and manufacturing are making our lives a little better each day.
So whether you are turning on the air conditioner, cooking dinner, drying clothes or enjoying a cold one by your fire pit, natural gas is there to help power your life.
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