WASHINGTON – Earlier this week, the Energy Information Administration (EIA) released its energy outlook, which predicts that the United States will be a net exporter of natural gas by 2017.
Leaders of the Congressional Natural Gas Caucus understand the magnitude of this geopolitical transition and the implications for ensuring American energy security through continued natural gas development and investment.
U.S. Rep. Glenn ‘GT’ Thompson (PA-5) said, “As a net natural gas exporter, the United States will build and strengthen its economy, help to improve the environment and will remain globally competitive.
“As one of the nation’s top producers of natural gas, Pennsylvania continues to help drive record-breaking oil and natural gas production domestically. The EIA’s most recent projections place the United States closer than ever to obtaining energy security, while signaling longer-term market stability that will make energy prices more affordable for business and families across the country.”
U.S. Rep. Tom Reed (NY-23) said, “With the United States soon to be a net exporter of natural gas, we move closer to the goal of U.S. energy security. We should all care about reducing our dependence on foreign fossil fuels, as it will help avoid putting our military men and woman in harm’s way, create jobs for today and tomorrow, and fuel the U.S. manufacturing renaissance where we “make it here to sell it there once again.”
U.S. Jim Costa (CA-16) said, “By becoming a net exporter of natural gas by 2017, the United States will strengthen and grow its economy and reduce its trade deficit. Additionally, the steady increase in the use of natural gas will result in a reduction of GHG emissions and will work to combat global climate change. A more energy independent United States, that is equipped to export its natural gas, will also reduce the influence of Russia on the energy security of our global allies.”
U.S. Rep. Gene Green (TX-29) said, “Yesterday, EIA confirmed what all of us in gas-producing areas have known for some time – the U.S. has a lot of gas and we are changing the global energy picture rapidly. Our power sector, our manufacturing and chemical industries and our citizens are all benefitting from hydraulically fractured natural gas and we see evidence of it every day in Texas.
“I commend the EIA for their continued diligence on providing accurate, timely information to the public, and I look forward to working with my colleagues on the Natural Gas Caucus to support this revolution.”