Six Reasons Why We Need More Pipelines in Texas
Mon, March 28, 2022
More Texas Jobs
More pipelines = more jobs. Through ongoing operations and new construction, the Texas pipeline industry supported more than 238,000 high-paying jobs in 2019, and since 2013 the industry’s total employment has increased 40 percent. Over the next 40 years, the number of jobs attributable to the Texas pipeline industry will reach more than 492,000.
Pipelines generate jobs and increase state and local government revenues. In 2019, the Texas pipeline industry provided more than $48.6 billion in economic impact to the state, including more than $2.7 billion in state and local government revenues.
By replacing trucks transporting oil and natural gas, additional pipelines help to reduce traffic emissions, decrease wear on roads and alleviate traffic congestion.
During disaster situations when roads might be unusable or unsafe, pipelines can deliver vital, and sometimes life-saving, fuel to first responders and impacted communities, helping to improve our nation’s safety and security.
More Texas Energy Production
With oil production from the Permian alone accounting for more than 40 percent of the nation’s total output, new pipeline capacity is critical to make sure these resources reach consumers around the country.
More Exports, Lower Trade Deficit
The United States is currently the third largest exporter of liquefied natural gas and is forecast to surpass Qatar and Australia to become the top exporter by 2023. As we continue to help meet global natural gas demand, we will continue to need more pipelines and infrastructure to move the Permian Basin’s record-high oil and natural gas production to facilities along the U.S. Gulf Coast for overseas export.
The United States currently has seven operational LNG export facilities, two of which are located in Texas. These two facilities represent nearly 37 percent of current U.S. LNG export capacity and will be home to more than 25 percent of the additional capacity proposed or currently being built.