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Energy Job Opportunities for Veterans
API recently launched a new resource to connect America’s service members and veterans with job opportunities in the oil and natural gas industry. The men and women of America’s armed forces have unique skill sets that are a good match for many well-paying jobs in the energy industry. Visit the Veterans Energy Pipeline to learn more.
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Two separate but related news items last week demonstrate the economic promise and geopolitical significance of America’s natural gas export opportunity.
The first headline, “U.S. LNG Set to Hit Global Market,” signifies a landmark moment in America’s trajectory from energy scarcity to abundance. The export facility covered in the article – Cheniere Energy’s Sabine Pass in Cameron Parish, La. – actually opened as a liquefied natural gas (LNG) import terminal in 2008. Just two years later in September 2010, it became the first U.S. facility to apply for a Department of Energy permit to export LNG. After a decade that saw U.S. natural gas production jump 45 percent – and following an extensive review process – Sabine Pass is set to ship its first cargo to Europe.
Based on another headline from the same day, “Europe Seeks Alternatives to Russian Gas Imports,” the shipment will arrive not a moment too soon for U.S. allies. At a news conference announcing the European Union’s new initiative to “reduce reliance on Russian natural gas as the two sides face off over a litany of geopolitical disputes, from the conflict in Ukraine to the civil war in Syria,” Commissioner Miguel Arias Cañete said that “with political tensions on our borders still on a knife edge,” European nations “are still far too vulnerable” to supply disruptions. The sentiment echoes earlier pleas for U.S. energy from the ambassadors of Hungary, Poland, Slovakia and the Czech Republic, who told Congress, “Energy security is not only a day-to-day issue for millions of citizens in our region, but it is one of the most important security challenges that America’s allies face in Central and Eastern Europe today.”
In this case, what’s good for our allies’ security is good for our security – and our economy. LNG exports could contribute up to 452,000 jobs nationwide between 2016 and 2035 and add up to $73.6 billion annually to the GDP, according to an ICF International study. While a handful of LNG export facilities have made it through the multi-step government review process, many remain stuck in bureaucratic limbo. Meanwhile, more than 48 LNG export projects are planned or under construction in other nations competing in the global race to secure a prominent share of the market.
The abundance of U.S. natural gas is already driving down domestic carbon emissions and costs for home heating and electricity. Policies currently pending in Congress to expedite and establish greater certainty in the LNG export permitting process are essential to further capitalize on our position as the world’s leading natural gas producer.
President and CEO
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|Energy Tomorrow is a project of the American Petroleum Institute – the only national trade association that represents all aspects of America’s oil and natural gas industry – speaking for the industry to the public, Congress and the Executive Branch, state governments and the media.||Rapid growth in natural gas production, thanks to vast shale deposits and hydraulic fracturing, is reviving America’s manufacturing and other sectors while helping reduce U.S. carbon emissions to a 20-year low.||U.S. crude oil production has reached its highest point since 1997, due to production from shale and other tight rock formations, while reducing imports to their lowest level in more than 20 years.|
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