The safe development of clean-burning American natural gas has been, and continues to be, a catalyst for economic growth across the U.S., especially for energy-intensive sectors like manufacturing. White House National Security Advisor Tom Donilon underscored this important fact in a recent speech at Columbia University:
- “America’s natural gas boom is helping to spark a domestic manufacturing revival. Manufacturers in energy-intensive sectors have announced up to $95 billion investments across the U.S. to take advantage of low-cost natural gas. The largest investments announced have been in the chemicals sector which uses natural gas as a feedstock, but there have also been major announcements in other industries like steel, plastics, and glass. … The reduction in energy imports has a positive impact on our trade balance, helps lower domestic and global energy prices, and allows a greater share of the money Americans spend on energy to remain within the U.S. economy.”
At the same time, and as CNN recently reports, “increased natural gas production in the U.S. will be a huge driver in improving air quality.” So taken together, responsible domestic natural gas production is bolstering American energy security, creating jobs, enhancing air quality and bolstering our manufacturing sector, all while delivering significant savings to consumers across the nation.
