Shale Gas Supply Chains Supporting 450,000 U.S. Jobs
1. Shale Gas Supply Chains Supporting 450,000 U.S. Jobs
WASHINGTON, D.C. -- America's shale energy revolution is creating and sustanting hundreds of
thousands of jobs in diverse sectors of the economy that supply construction, equipment, supplies
and services to shale energy operations; and making the U.S. manufacturing sector more
competitive by reducing energy input costs, Energy Equipment & Infrastructure Alliance (EEIA)
President & CEO Toby Mack told Congress today.Â
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y and Mineral Resoures Subcommittee hearing, Mack said the shale supply chain is booming and has
created more than 450,000 jobs since the energy revolution began less than a decade ago. New
research conducted by IHS Global for EEIA indicates that this boom will generate consistently rapid
growth over the next decade. By 2025, nearly 300,000 new jobs will be created, for a 64 percent
increase over 2012 employment in the diverse shale supply chain industries.
This continued growth will impact all sectors of the shale energy supply chain. Jobs will be added in
businesses engaged in manufacturing, construction, logistics and services supporting energy
operations, and will be dispersed across the country. The economic and employment benefits of
shale oil and gas development extend well beyond those states with major shale plays: the
preliminary IHS Global findings indicate that by 2025 better than one out of every seven jobs in the
supply chain industries - more than 126,000 in all - will be in non-energy producing states.
2. Mack concluded his remarks by reminding the subcommittee the shale energy supply chain is a
major contributor to the U.S. economy and its nationwide outlook is strong for the foreseeable
future. However, he cautioned that government action restricting shale energy production would
undermine the vitality of the entire sector. "Policymakers must protect public health, safety and the
environment while pursuing policies that allow the shale energy sector to grow and prosper," Mack
said.
Mack's complete statement is available at http://www.eeia.org/testimony.pdf.
EEIA is a Washington, D.C.-based alliance representing equipment and material suppliers,
contractors, service providers and workers supporting shale gas and oil development. More
information is available at www.eeia.org.Â
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