Manufacturers Highlight Importance of Our Nation’s Energy Infrastructure

WASHINGTON — The National Association of Manufacturers is joining other businesses, labor organizations and elected officials across the United States to tell policymakers and citizens to promote the need for more investment.

Strong, resilient infrastructure, especially relating to energy, is critical to our country’s economic growth and vitality and is essential to manufacturing’s continued success and competitiveness.

The NAM released new comprehensive study that reveals how natural gas has strengthened manufacturing and encouraged U.S. manufacturing growth and employment. This study underscored the need for critical energy infrastructure.

“Over the next decade our nation’s demand for natural gas is only going to grow and much of that growth is from manufacturing,” said NAM President and CEO Jay Timmons. “This study unequivocally shows that if our growing demand is not taken seriously by policy makers we will have a serious lack of infrastructure that will jeopardize our growth. Natural gas is responsible for millions of jobs, tens of thousands in manufacturing alone. We can’t afford to let misguided policies rob us of this valuable domestic resource.”

“Developing natural gas and gas infrastructure provides enormous benefits to Americans through affordable energy, cleaner air, job growth and a boost to manufacturing,” said Dena E. Wiggins, president and CEO of the Natural Gas Supply Association. “For these reasons, natural gas infrastructure is essential to the U.S. economy, manufacturing and households and it should also be important to policymakers when considering natural gas projects.”

At Emerson, employees in the methane mitigation industry pride themselves on the impact of their work.

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Exporting liquefied natural gas: A golden opportunity we must seize

A historic milestone in America’s energy history is imminent; the U.S’s first export of liquefied natural gas (LNG).  The shipment, worthy of celebration, comes in the midst of market volatility that amplifies the need for measures that would buttress the U.S. economy and keep growth – and employment – robust. Increasing the export of U.S. LNG will do just that, in addition to making our manufacturing base stronger, the environment cleaner, and our world safer.

LNG exports will drive economic growth by creating jobs, encouraging production, and stimulating investment, according to a substantial body of research that includes studies from Brookings InstitutionSmall Business & Entrepreneurship Council, Deloitte, and ICF International.

 Most recently, the Department of Energy’s own macroeconomic analysis, released in October of 2015, found that expanded export scenarios would add between $7.7 billion and $20.5 billion to the economy and between 9,600 and 35,200 jobs, to the U.S. workforce every year from 2026 to 2040. The study concluded that economic benefits would increase with the level of exports: The more we export, the better off our economy will be.

How the US Energy Renaissance and Infrastructure Build-out Benefits American Households

The prosperity of the American economy is in many ways dependent on a robust national energy infrastructure that moves energy resources from the production fields to our communities. This infrastructure is a complex network of pipelines, storage facilities, and refining plants through which oil, natural gas, natural gas liquids, and other refined products fuel the country’s economic engine.

And with the recent announcement that the United States this year will become the world’s largest producer of oil and natural gas, it has never been more critical to ensure that investments in energy infrastructure remain strong.

One of the most visible benefits of an expansive infrastructure network can be seen in our strengthening manufacturing and chemicals industries. A recent study commissioned by the National Association of Manufacturers found that the full development and utilization of unconventional oil and gas resources could result in 1 million new manufacturing jobs by 2025.

In addition, an IHS study concluded that by that same year, America’s unconventional oil and natural gas will help lead to as much as $100 billion in new investment in U.S. chemical and plastics facilities, with industry capacity growing by nearly 89 million tons.

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