Furniture & Related Product
Plastic & Rubber Prod.
Fabricated Metal Product
Nonmetallic Mineral Product
Elect. Eqpt., Appliance, & Comp.
Computer & Electronic Product
Beverages & Tobacco
Petroleum & Coal Products
Leather & Allied Product
“Expanded energy access generated by the shale boom
added 1.9 million jobs in 2015 alone, and demand for
these resources, driven in part by new investments in
manufacturing, is expected to grow by 40 percent over the
next decade.” —National Association of Manufacturers
According to a 2016 report from IHS Economics:
- Natural gas access contributed to 1.9 million jobs economy-wide in 2015.
- Shale gas put an extra $1,337 back in the pocket of the average American family.
- New natural gas transmission lines meant more than 347,000 jobs, with 60,000 in manufacturing.
- Total natural gas demand is poised to increase by 40 percent over the next decade. Key drivers will be manufacturing and power generation.
- U.S. supply is expected to increase by 48 percent over the next decade to meet new demand.
- Because energy innovation is lowering production costs, IHS expects energy-intensive industries such as chemicals, metals, food and refining to outperform the U.S. economy as a whole through 2025.
- Shale gas production has created new flow patterns that are causing existing pipelines to reverse flow and will necessitate the construction of new pipeline capacity.
With the right policies, strong industry standards and
effective state oversight, the job growth and American
energy leadership can continue as we safely and
responsibly build on the ongoing shale energy revolution.