The new age of natural gas abundance is rapidly expanding economic opportunities throughout the United States.
Natural gas is safely and responsibly developed in 31 states across the United States, and it is putting Americans to work in all 50 states. How many jobs? IHS Global Insight estimates that as of 2008, total natural gas production supported more than 2.8 million jobs in the United States. Increasing the development of our nation's unconventional sources of gas alone will add more than 1.4 million U.S. jobs by 2015. A recent study by PricewaterhouseCoopers for the National Association of Manufacturers forecasts an additional 1 million U.S. jobs in manufacturing by 2025, thanks to our nation's vast, affordable supplies of natural gas.
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In 2010, shale gas accounted for 27% of total U.S. natural gas production. By 2015 this share will increase to 43%, and by 2035 it is expected to increase to 60%. In addition to supplying our nation with abundant, clean and domestic energy, this growth will help power the creation of one million new U.S. jobs. This will create opportunities for a wide range of skilled workers - from scientists and technicians, to business managers and office staff, to construction workers and truck drivers. From high school graduates to individuals with advance degrees, jobs await in the natural gas industry.
As the need for skilled employees continues to grow, natural gas companies are teaming up with academic institutions to build local workforces that have the training necessary to safely develop natural gas. By partnering with municipalities, chambers of commerce, technical colleges and universities, we can maximize the opportunities available in the communities where we do our work.
Opportunities stretch far beyond natural gas to jobs in industries that support responsible natural gas development and those that rely on affordable energy and feedstock to do their work. For example, jobs are being created for U.S. steel workers who are fabricating the pipes that keep our operations safe. Even industrial and manufacturing facilities are coming home to the United States because affordable natural gas is making U.S. companies and workers more competitive.
These economic benefits will continue to grow as communities across North America take full advantage of our abundant shale gas resources.