The worldwide need for clean, reliable natural gas is rapidly growing while new technology has recently allowed the Unites States and Canada to produce enough natural gas to last for perhaps hundreds of years.
These developments are creating many thousands of new jobs in both countries and Oregon has a unique opportunity to secure some of those jobs. It is estimated that the construction of the Oregon Pipeline and the Oregon LNG facility will employ an average of more than 3,000 workers for 5 years. These family-wage jobs will help reduce Oregon's serious unemployment problem, which are causing hardships throughout Oregon.
An economic impact analysis performed by EcoNorthwest has shown that once in operation the Oregon LNG project will directly employ about 150 people and the indirect and induced employment caused by this facility will create an additional 1,441 jobs in Oregon.
Other benefits to Oregon include:
In a long awaited report from The Obama Administration's Department of Energy, a study of the impacts of exporting Liquefied Natural Gas (LNG) from the United States in Asian neighbors provides a "net economic benefit" to the U.S. economy under every scenario evaluated by the department's consultants. In fact, the report says that the benefits are even higher when export volumes grow.
The report validates what Oregon LNG officials have been saying to northwest business, legislative and community leaders regarding its proposal to build an LNG export terminal in Warrenton, Oregon.
Oregon LNG's proposal will bring additional benefits to the regional economy by creating 3,000 union construction jobs, hundreds of permanent jobs and tens of millions of dollars each year in tax revenue to Oregon and Washington state and local governments. The project also provides additional natural gas delivery infrastructure that will be a catalyst for new industrial and manufacturing businesses throughout the northern I-5 corridor as well as Oregon's north coast.
Oregon LNG's proposal will export primarily Canadian gas meaning the economic benefits come to the region without drawing upon U.S. reserves.