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SBE Council Report Detailing Small Business Growth from Natural Gas Production and Exports

Monday, November 17, 2014  
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SBE Council released a report detailing small business growth from natural gas production and exports that you may find interesting.


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 larger economy.

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 Business? Click here to view it now.


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