Strong U.S. natural gas and oil production is revitalizing communities in state after state. It’s well-known that increased energy production has cut costs for families – at the pump and in-home utility bills. But leading the world in production has also given U.S. businesses a leg up, generating a manufacturing resurgence.
To list just a few examples, affordable energy has brought a Louisiana steel plant back from overseas, where it employs 150 workers at twice the local median salary. It’s spurred the development of a new manufacturing plant in Pennsylvania – supporting 6,000 jobs during construction and 600 permanent jobs. In Texas, a steel company cited “access to natural gas at extremely economical prices” as a chief factor behind its $500 million expansion.