Natural gas employment presentation   final
Upcoming SlideShare
Loading in...5
×
 

Natural gas employment presentation final

on

  • 522 views

 

Statistics

Views

Total Views
522
Slideshare-icon Views on SlideShare
522
Embed Views
0

Actions

Likes
1
Downloads
5
Comments
1

0 Embeds 0

No embeds

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel

11 of 1

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
  • Use Firefox to read the slides... the slides appear oddly using Internet Explorer. If you don't have Firefox, go to http://www.mozilla.org/en-US/firefox/new/
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment
  • www.bls.gov/news.release/empsit.nr0.htm Sep 2, 2011 – The number of unemployed persons, at 14.0 million, was essentially unchanged in August, and the unemployment rate held at 9.1 percent… The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) rose from 8.4 million to 8.8 million in August.http://www.census.gov/hhes/www/poverty/about/overview/index.htmlIn 2010, 46.2 million people were in poverty, up from 43.6 million in 2009—the fourth consecutive annual increase in the number of people in poverty…. The number of people in poverty in 2010 (46.2 million) is the largest number in the 52 years for which poverty estimates have been published.
  • Due to the development of shale, the U.S. Energy Information Administration projects fairly low and stable prices for the next twenty years.An ethane cracker would represent an investment of $1.5 billion to $2 billion. The American Chemistry Council says one cracker will add about $3.2 billion in the downstream chemical facilities that make products like dyes, paints, coatings and plastics. That would generate $7 billion in additional chemical industry output in West Virginia. http://www.bizjournals.com/pittsburgh/blog/energy/2011/01/Bayer-wants-ethane-cracker-for-marcellus.htmlhttp://www.hsconnect.com/page/content.detail/id/563889/Bayer-remains-upbeat-on-cracker.html?nav=5010 Sept. 6, 2011 - Even in the face of gas industry leaders who are planning to pump their ethane to Canada or the Gulf Coast, Bayer Corp. officials believe a multi-billion dollar cracker still will come to West Virginia.http://www.icis.com/Articles/2011/09/15/9492786/chevron-phillips-us-cracker-could-be-on-line-by-q1-2017.html 15 September 2011 - A new US Gulf coast cracker under contemplation by Chevron Phillips Chemical could be on line by the first quarter of 2017, CEO Peter Cella said on Thursday.http://www.energydelta.org/mainmenu/edi-intelligence-2/our-services/latest-energy-news/shale-gas-reviving-chemical-industry14 August 2011 - Dow will spend about $4 billion to construct a cracker near the Gulf Coast by 2017.... Occidental Chemical, Chevron Phillips Chemical and Formosa Plastics have said in the past nine months they too may build crackers on the Gulf Coast, while LyondellBasell Industries may invest in one. Royal Dutch Shell said in June it plans to build a cracker in Appalachia, the region's first in half a century. Six shuttered crackers also are reopening, and more are being expanded http://www.fibre2fashion.com/news/textiles-raw-materials-news/newsdetails.aspx?news_id=101567 1 August 2011 - Formosa Plastics Corporation, USA will increase the annual capacity of ethylene produced at its naphtha cracking complex… the cost of investment for the expansion project for the third naphtha cracker will be over US$ 1.5 billion. The third naphtha cracker uses shale gas as raw material, while the first and second naphtha crackers use naphtha as raw material.
  • The graphic for this page comes from:http://www.exxonmobilperspectives.com/2011/09/08/where-the-jobs-are/
  • In describing the report, ACC’s President Cal Dooley said on E&E t.v.: “Well, we did a study at the American Chemistry Council on just what is the potential for shale gas in the United States? If we develop, as we think, the supplies that are available in the shale gas, our findings were that it would result in the next decade in 400,000 additional jobs in the chemical sector as well as our suppliers. It will result in an additional $132 billion in economic activity in this country if we commit to developing our shale deposits.” (Source: http://www.eenews.net/tv/transcript/1391)

Natural gas employment presentation   final Natural gas employment presentation final Presentation Transcript

  • Natural Gas: Potential for More American Jobs
    Jeff Schrade
    NGSA, Director of Political Communications
    Presented to the
    U.S. Senate Natural Gas Caucus
    September 26, 2011
  • 9.1% Unemployment
    At least 140 football stadiums
    with
    100,000 people each --
    all looking for work!
    14 million unemployed
    8.8 million people not counted as unemployed
    Recent graduates, those who’ve given up and part-timers who want full-time work
    46.2 million Americans are now in poverty
    Largest number in the past 52 years
    Income of $22,314 or less for family of four
    2
  • Natural Gas: Great American jobs
    3
    622,000 now directly employed
    Creating 2.2 million more jobs
    Salaries near twice the national average
    $77,000 per year
    Industry requires
    Engineers
    Computer techs
    Construction workers and more…
  • More American Manufacturing Jobs from Natural Gas
    EIA projects low and stable prices
    U.S. chemical company investments from shale natural gas may top $16 billion
    4
    • Bayer
    • Chevron Phillips Chemical Co
    • Dow Chemical
    • Formosa Plastics USA
    • LyondellBassell Industries
    • Occidental Chemical
    • Shell
    • Sasol
  • 12New Reports Say “Unleash” the Drilling & Create More Jobs
    5Note: Some of the following reports combine oil with natural gas jobs.
  • 1 million new American jobs nationwide by 2018 from oil & natural gas
    Wood Mackenzie study
    No new federal spending needed
    More jobs
    More government revenue
    Energy security
    6
  • American Chemistry Council Report – 400,000 jobs nationwide from shale
    400,000 new jobs
    nationwide from shale!
    Modest increase in natural gas supply from shale would generate:
    More than 400,000 new U.S. jobs
    More than $132 billion in U.S. output
    $4.4 billion in new annual tax revenues
    7
  • Gulf of Mexico – 230,000 to 430,000 jobs nationwide from natural gas and oil
    Two reports
    NOIA and IHS Global Insight
    Employment supported by the Gulf of Mexico oil and natural gas industry could result in
    230,000 new and retained jobs by 2012
    430,000 new and retained jobs by 2013
    77 percent increase from 2010
    Up to 430,000
    new jobs nationwide!
    8
  • New York, Pennsylvania and West Virginia: 300,000 new jobs possible from shale  
    300,000 new jobs
    in these three states!
    New York – two reports
    NYDEC and PPI of New York
    55,000 to 62,600 NY jobs possible
    Penn State University
    256,000 jobs by 2020 in Pennsylvania
    West Virginia State University
    7,200 to 12,500 new WV jobs possible
    9
  • Ohio and Michigan – Over 200,000 jobs from natural gas
    Ohio Industry Report
    "More than 204,000 jobs will be created or supported [in Ohio] by 2015 due to exploration, leasing, drilling….for the Utica Shale reserve.“ 
    Michigan State University Analysis
    Up to 19,000 jobs construction jobs
    Up to 6,300 permanent jobs possible
    200,000 new jobs
    in these two states!
    10
  • Colorado, Wyoming, Utah, New Mexico, Montana, and North Dakota: 70,000 new jobs possible
    ICF International Study
    Found that natural gas and oil development could create
    70,000 new American jobs
    Add $6 billion in new tax revenues to local, state and federal governments over the next decade
    70,000 new jobs
    In these six states!
    11
  • Alaska – 54,700 new jobs from natural gas and oil possible nationwide
    54,700 new jobs
    nationwide possible!
    University of Alaska
    Economic activity from oil and natural gas development in Alaska’s north seas could generate
    Annual average of 54,700 jobs nationwide
    Cumulative payroll amounting to $145 billion (in 2010 dollars) over the next 50 years.
    12
  • Recommendations
    Open areas currently closed development
    Lift the drilling moratorium in New York
    Increase permitting rate for the Gulf of Mexico
    Approve new pipelines
    Maintain regulation of shale resources primarily at state level
    13
  • Conclusion
    Links to all the reports and studies highlighted in this presentation are available at www.bluejobs.org
    Contact:
    Jeff Schrade, Director of Political Communications
    Natural Gas Supply Association
    1620 Eye Street, NW, Suite 700
    Washington, DC 20006
    Direct: (202) 326-9316  Cell: (202) 870-3277
    Jeff.Schrade@NGSA.org
     
    About NGSA:
    Established in 1965, NGSA encourages the use of natural gas within a balanced national energy policy, and promotes the benefits of competitive markets, as well as increased supplies of natural gas to U.S. customers. NGSA member companies produce approximately one-third of the natural gas supplied to the United States.
    14