Natural Gas Act Offers Clear Pathway to American Energy Abundance
Washington, D.C. – As Congress revisits energy policy at the start of a new decade, the American Gas Association highlights the substantial contributions made possible by interstate natural gas infrastructure and the Natural Gas Act.
“The Natural Gas Act has provided the framework on which our energy abundance has been able to thrive,” said American Gas Association President and CEO Karen Harbert. “The economic and environmental benefits of natural gas are clear and have allowed Americans to prosper in ways not possible with any other currently available energy source.”
The American Gas Association, joined with a coalition of builders, unions and trade associations representing the natural gas value chain, sent a letter to the Members of the House Energy and Commerce Subcommittee on Energy expressing support for sound federal policy that facilitates the continued development of natural gas infrastructure.
- The natural gas industry supports 4.1 million American jobs
- Households that use natural gas for heating, cooking and clothes drying save on average $879 per year compared to homes using electricity for those applications
- The affordability of natural gas has led to $121 billion in saving for American businesses since 2009
- The White House Council of Economic Advisors found that affordable natural gas has enabled approximately $2,500 in annual savings for a family of four
- According to the Energy Information Administration, natural gas has been responsible for more than 60 percent of U.S. electricity generation CO2 reductions since 2005
- ICF International research found the United States will need an additional $150 billion investment for 26,000 miles of natural gas transmission infrastructure between 2018 and 2035
- The Potential Gas Committee estimates a gross domestic supply of 3,374 Trillion Cubic Feet, enough to supply energy demand for 110 years
The American Gas Association, founded in 1918, represents more than 200 local energy companies that deliver clean natural gas throughout the United States. There are more than 76 million residential, commercial and industrial natural gas customers in the U.S., of which 95 percent — more than 72 million customers — receive their gas from AGA members. Today, natural gas meets more than thirty percent of the United States' energy needs.