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Cheniere Energy is boosting its investment in its Sabine Pass liquefied natural gas export facility in Cameron Parish by $6 billion to build two production units in addition to the four already under construction.
The value of Louisiana’s oil and gas industry is clear to the men and women of our state who proudly report to work each day at rigs, refineries, pipelines, shipyards and fabrication yards. As a result of their hard work fueling America, they earn salaries that are some of the highest in the state, allowing them to make a good living for their families and make purchases from other local businesses like grocery stores, restaurants and car dealerships. It’s a wave of economic impact that is very familiar to those of us who work or have family members who work in the industry.
Earlier this year, Louisiana Mid-Continent Oil and Gas Association (LMOGA) and the Grow Louisiana Coalition set out to quantify the economic impact of Louisiana’s energy sector on the state as a whole. Do communities beyond traditional energy centers like Baton Rouge, Lafayette, Houma and Lake Charles share in the benefits? According to results of a study released in July, the answer is a resounding, “Yes!”
Why does the oil and gas industry oppose greenhouse gas emission reductions when it encourages natural gas production?
That is a common question that shows the “so-called” environmental experts do not understand the industry and its impacts to society.
On Wednesday, September 10, 2014, LMOGA President Chris John particpated in a panel discussion at The Atlantic's Energy Town Hall event at The Riverview Room in New Orleans. The event is one of several being hosted by The Atlantic and API around the country examining the political, economic, scientific, and social imperatives for crafting future energy policy.
Chris John was part of a panel discussion titled "Offshore and On Land: Energy and Policy in the Gulf Region" with Eric Smith, Associate Director, Tulane Energy Institute at the A.B. Freeman School of Business, and Dr. Robert Thomas, Director, Center for Environmental Communication at Loyola University. The panel was moderated by The Times-Picayune's Jennifer Larino.
The Department of Energy Wednesday gave a final permit allowing exports of liquefied natural gas by Sempra Energy's Cameron LNG facility in Hackberry, paving the way for the $10 billion project to move forward.