Natural gas is replacing coal as America's main source of power and is fueling major economic benefits across multiple industries. Cheap and abundant natural gas has led to lower carbon emissions, increased employment in the energy industry by over 2 million jobs, and average household energy savings of $725 in 2012 that are projected to rise to $1,217 by 2020. The natural gas boom is also generating billions for federal, state, and local governments as well as private landowners through tax revenues, royalties, and lease bonuses. Industries like manufacturing and transportation are investing heavily in natural gas due to its low cost, creating additional jobs and economic growth. The reduced reliance on foreign energy sources has helped shrink America's trade deficit.