On the recordJanuary 28, 2015
They say that you can't have too much of a good thing, but with our impressive natural gas production, that is exactly what we have today. We now have so much natural gas that we cannot only meet our own energy needs and still have extra to sell, but our natural gas boom can be used as a force for good here at home as a source for jobs and across the globe as a source of stable energy. There is no question that the whole shale revolution helped break the fever of the Great Recession. Thanks to innovation and technological advancement, energy production remained a welcome bright spot in our national economy, but we aren't out of the woods yet. We all know that. Millions of folks, certainly in Michigan and across the country, still find themselves unemployed, underemployed, or facing stagnant paychecks. This bill, this legislation, will help accelerate their return to full employment. At the request of the Department of Energy, NERA Economic Consulting evaluated the economic impacts of U.S. LNG exports. The NERA study showed a net positive impact to the United States economy and estimated that LNG exports would actually reduce the average number of unemployed workers by as much as 45,000 people by 2018. We will also see tens of thousands of additional jobs created in the supply chain. I am talking about good-paying jobs that will help families achieve a better life. The bill will also advance our foreign policy goals. U.S.…





