LNG in the U.S.

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LNG in the U.S.

  1. 1. U.S Jobs & LNG Exports The U.S. Energy Race for Continued Growth www.gasglobal.com
  2. 2. U.S. Jobs and LNG Exports Oil & Gas Dominance Expectations for America’s Oil and Gas Industry are fantastic! The IEA reported the United States could become the world’s largest oil producer – surpassing Saudi Arabia – by Goes Here Sed non urna mattis tellus 2035. Chapter Overview2020 and energy independent byelementum rutrum. Sed id dolor ut dui mattis malesuada. Praesent tortor arcu, euismod ut fermentum eu, dignissim non urna. Integer turpis eros, Read the report here fermentum ut bibendum in, posuere non eros. Mauris porttitor lobortis lobortis. Aliquam non lorem non sapien ornare tempor eget sed massa. Aliquam placerat bibendum nibh aliquet porttitor. Vestibulum quam dui, gravida quis malesuada eget, malesuada vel neque.GAS Unlimited Inc www.gasglobal.com
  3. 3. U.S. Energy – Shale to LNGShale BoomRising Star in Energy Shale BenefitsThe U.S. “Shale Boom” has reshaped the American Other industries, like manufacturing, have felt the positiveEnergy Industry in the past few years. impact of shale production with an increase in business and need for improved infrastructure to meet industry demands. (Shale Gas will Fuel a U.S. Manufacturing Boom, Kevin Bullis, technologyreview.com)Made possible by a combination of hydraulic fracturingand horizontal drilling, the vast amount of shale gas beingproduced has been essential to the development of the The most recent industry to benefit from Shale has beenUnited States as a global energy competitor. America’s refining industry, which is currently “enjoying a remarkable revival…shares in companies such as Marathon Petroleum and Tesoro [were] the best-performing of any largeEconomic & Job Growth energy companies worldwide last year.” (Refiners Reap Gains of U.S. Shale Oil Boom, Ed Crooks, ft.com)The Shale Boom has brought increased profits to areaslike North Dakota and South Texas, drastically improving What’s next? The industry’s Oilfield services are expected tothe regions’ economies. North Dakota is now the second “take off, having grown their businesses offshore and in stronglargest producer of oil (after Texas) while South Texas has international markets and anticipating that there will be at leastwitnessed a changing dynamic and population growth due some rebound in North America operations” (Big Oilfield-Services Companies are Poised for a Reawakening, Alison Sider, rigzone.com)to large amounts of production activity.(ND Becomes Nation’s 2nd Leading Oil Producer, Associated Press, foxnews.com)(Oil Boom in Eagle Ford Shale Brings New Wealth to South Texas, Gilmer, Hernandez,and Phillips, dallasfed.org)California has joined the Shale conversation; the state’sMonterey Shale could “represent the future of California’soil industry…[and] turn California into the nations top oil-producing state…” (California’s Shale Could Spark Next Big Oil Rush,Norimitsu Onishi, dispatch.com) www.gasglobal.com
  4. 4. U.S. Energy – Shale to LNGThe HurtleMaintaining Investment and Growth• Several companies have plans to return manufacturing to American soil. Although many factors havecontributed to a renewed shine in the Rust Belt, the region’s recent success is largely due to theextraction of oil and gas from shale plays (The Next Boom, Kopin Tan, Barrons.com).• Nonetheless, the increase in production creates a situation where the U.S. market is becomingsaturated with the natural resource. In fact, concerns about the affects of becoming “overextended” hasled some to suggest slowing oil production (North Dakota Enjoys Oil Boom – But Grids for Slowdown, Russell Gold, online.wsj.com)• To keep interest in America’s energy sector alive and to secure job growth/creation for thousands ofpeople, LNG exports have become a crucial topic for America’s Energy Industry. WHY?? www.gasglobal.com
  5. 5. U.S. Energy – Shale to LNGContinue Production to Continue Growth • LNG exports would send positive signals throughout the industry increasing demand in America’s energy resources and allowing for “increased domestic production of shale gas” (Blocking LNG Exports Helps a Few, Hurts Many, Dr. Michael Economides, Forbes.com) • In general, LNG exports have become a topic of contention in the United States. However, “a report commissioned by the U.S. Energy Department found that for every market scenario examined the greater the volume of LNG exports, the greater the economic gain.” (Are There Really Benefits to U.S. LNG Exports?, Daniel J. Graeber, OilPrice.com) • Instead of production and job growth declining when the market becomes “overstocked” with natural gas, turning excess gas into LNG exports will bring continued investment to the U.S. and allow domestic production to remain alive and strong. Senators have been debating over natural gas exports with questions raging over whether or not to impose federal limits in an attempt to constrain U.S. prices while allowing domestic manufacturing to grow. Ron Wyden (D-Oregon) was quoted by My San Antonio as saying he wants to reach "a sweet spot where U.S. gas producers make enough money to continue producing and U.S. manufacturers have an affordable stable supply of natural gas." Jennifer A. Dlouhy, My San Antonio, "Senators Wade into Dispute Over LNG Exports", February 12, 2013 www.gasglobal.com
  6. 6. U.S. Energy – Shale to LNGShale Production to LNG Exports:Jumping the Hurtle• Already the production of Shale Gas has “attract[ed] good manufacturing jobs back to America, particularly inthe chemical and steel industries. All of this adds up to a lot of jobs, growth, improved national security, andmore revenues for government.” (U.S. Chamber: Liquefied Natural Gas (LNG) Exports Make Sense, U.S. Chamber of Commerce, uschamber.com)• However, to ensure continued economic advancement, the market has to adjust to an abundance of theresource. Instead of leaving raw material to lay around and encourage slowed production and limitedinvestment in manufacturing, LNG exports will encourage more domestic production and manufacturinginvestment: “expanding LNG leads to a greater economic expansion than limiting LNG exports.” (Blocking LNG ExportsHelps Few, Hurts Many, Dr. Michael Economides, forbes.com)What it Could Mean for The U.S.:Over the Hurtle• As has already been experienced by the Shale Boom, increases in energy production create energy jobsas well as other sector jobs to accommodate rapid economic growth and expansion. This growth couldpotentially slow if the natural resource is limited to the U.S. market inhibiting the rate of production.• LNG exports offer continued investment in America’s energy industry, bringing with it continued jobgrowth. According to the Center for Liquefied Natural Gas, “LNG exports represent an enormousopportunity not only to increase U.S. trade, but also to create thousands of new American jobs.” (Natural GasExports Create Jobs, CLNG, lngfacts.org) www.GasUnlim.com
  7. 7. U.S. Energy – Shale to LNGA Look at U.S. LNG Projects:BP – Freeport Terminal in Texas“BP Takes U.S. LNG Export Capacity at Freeport Terminal in Texas”, BloombergShell – Georgia“Shell Aims to Export LNG from Georgia”, Wall Street Journal OnlineExxonMobil – Alaska“LNG: A Pipeline to Somewhere”, Oil and Gas JournalPangea LNG Holdings, LLC – South Texas LNG Project“U.S. Department of Energy Grants Pangea LNG Project Permission to Export LNG” - PRNewsWire www.GasUnlim.com
  8. 8. U.S. Energy – Shale to LNGG.A.S. has several opportunities available – domestically and internationally – throughout the Oil and Gas Industry. Contact us today to learn about these opportunities!! www.gasglobal.com Stay connected to us: IEA: U.S. to Become the World’s Largest Oil Producer, Institute for Energy Research, instituteforenergy.com ND Becomes Nation’s 2nd Leading Oil Producer, Associated Press, foxnews.com Oil Boom in Eagle Ford Shale Brings New Wealth to South Texas, Gilmer, Hernandez, and Phillips, dallasfed.org California’s Shale Could Spark Next Big Oil Rush, Norimitsu Onishi, dispatch.com Shale Gas will Fuel a U.S. Manufacturing Boom, Kevin Bullis, technologyreview.com Refiners Reap Gains of U.S. Shale Oil Boom, Ed Crooks, ft.com Big Oilfield-Services Companies are Poised for a Reawakening, Alison Sider, rigzone.com The Next Boom, Kopin Tan, Barrons.com North Dakota Enjoys Oil Boom – But Grids for Slowdown, Russell Gold, online.wsj.com Blocking LNG Exports Helps a Few, Hurts Many, Dr. Michael Economides, Forbes.com Are There Really Benefits to U.S. LNG Exports?, Daniel J. Graeber, OilPrice.com U.S. Chamber: Liquefied Natural Gas (LNG) Exports Make Sense, U.S. Chamber of Commerce, uschamber.com Blocking LNG Exports Helps Few, Hurts Many, Dr. Michael Economides, forbes.com Natural Gas Exports Create Jobs, CLNG, lngfacts.org Senators Wade into Dispute Over LNG Exports, Jennifer A. Dlouhy, MySanAntonio.com www.GasUnlim.com
  9. 9. GAS Unlimited Inc 15999 City Walk Suite 200 Sugar Land, Texas 77479Visit Us Online: www.gasglobal.com

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