1. INFRASTRUCTURE
OVERVIEW
Our nation is in the middle of an energy renaissance. Workers like you have helped make America the number one natural gas producer in the world. Oil production is at its highest level in decades. In fact, we are on a path to potentially make the US the number one producer of crude oil as well.
Now we face a struggle to get this oil and natural gas to market. Our energy infrastructure struggles to meet the new demands we’re putting on it. From pipelines to trains to trucks to ships, we need to ensure that our nation's infrastructure system can move the increased US oil and natural gas that we are producing. We need an infrastructure policy that reflects today’s energy production. If we don’t invest to maintain current infrastructure, upgrade our outdated infrastructure, and, in some cases such as pipelines, build new infrastructure, it will cost us jobs, leave us vulnerable to supply disruptions, and weaken our energy security.
2. INFRASTRUCTURE
WHY IT’S IMPORTANT
Getting oil and natural gas out of the ground is only part of the way the energy industry powers America. Our energy infrastructure is how we get these resources to market.
We are using cutting edge, 21st century, technology to create a surge in oil and gas production. We also need to have a 21st century infrastructure system to ensure we have the fastest, safest, and most efficient network to move our oil and gas resources. This is a vital part of making sure our energy renaissance continues.
3. INFRASTRUCTURE
MORE INVESTMENT IN U.S. INFRASTRUCTURE
Updating U.S. infrastructure could generate an estimated $1.14 trillion in capital investments, creating both jobs and energy savings from 2014 to 2025.
Capital spending in the infrastructure that moves and transforms oil and gas into everyday products, including gasoline and home heating oil, has increased by 60 percent between 2010 and 2013.
4. INFRASTRUCTURE
ECONOMIC BENEFITS
When we invest in our energy infrastructure, we invest in energy jobs and economic growth.
•By 2025, investments in our energy infrastructure could:
•Support 1,147,000 jobs;
•Contribute $120 billion to U.S. GDP;
•Produce $75 billion in labor income;
•Increase government revenue by over $27 billion
American energy workers need these jobs and this labor income. It’s time to upgrade our energy infrastructure and put America to work.
