SBE Council Report Detailing Small Business Growth from Natural Gas Production and Exports
Monday, November 17, 2014
SBE Council released a report detailing small
business growth from natural gas production and exports that you may find
Highlights from the report include:
Increased natural gas production over the last
7-8 years has generated a large increase in new jobs and business creation in
states all across the country. While U.S. total employment declined from 2005
to 2012, jobs grew in every energy industry examined in the report.
It is important to recognize that these new jobs
created by natural gas investment are largely generated by small to medium
sized businesses. In the five energy industries examined, more than 90 percent
of businesses had fewer than 500 employees, clearly indicating the boon in
energy production is fueled by smaller business.
To help sustain and increase production and
investment in the natural gas industry we must support LNG exports. Increasing
U.S. access to foreign demand can boost the incomes of U.S. small and mid-size
businesses and individual workers, with added benefits rippling out through the
Linked are documents related to the report that
will help digest its content:
Have you listened to the WIPP webinar featuring
SBE Council President Karen Kerrigan on Energy Issues and their Impact on Small
here to view it now.