Fueling the American Dream
It’s the 4th of July! As we celebrate Independence Day, and the freedom we enjoy, energy security has been quietly supporting the American dream for decades. Today’s energy revolution has been critical in securing reliable, affordable energy, insulated from the volatility of international energy markets. It’s a revolution that shows up directly in our monthly bills and daily lives.
The Shale Revolution fundamentally transformed the American energy system, unlocking abundant reserves of natural gas. The natural gas boom this enabled hasn’t just transformed geopolitical maps. It has dramatically decreased how much the average American pays to heat their home, cook their meals and fuel their life. The U.S. produces trillions of cubic feet of natural gas annually, with Americans using roughly 90.3 billion cubic feet of natural gas per day in their homes, businesses, schools and hospitals. When you fire up the grill for your Fourth of July barbecue, you may be using American natural gas that traveled from a well in Pennsylvania or Texas, not from halfway around the world.
Stable energy costs are essential to the American Dream – keeping costs low for Americans to pursue their passion, build community and care for their families. Domestic energy production has helped create a buffer against the kind of dramatic price shocks that once sent families scrambling to adjust their budgets. And on top of that, American families using natural gas to fuel their households have saved a total of $125 billion over 10 years!
This energy security means you can budget for your energy costs with more confidence . That’s the kind of economic freedom that previous generations couldn’t take for granted.
This Independence Day, as you fire up the grill and flip on the lights for your evening celebration, remember that the natural gas fueling your home is part of a larger story of American energy security – one that affects every household, every month, in very real ways.