PPI - Radically Pragmatic
  • Donate
Skip to content
  • Home
  • About
    • About Us
    • Locations
    • Careers
  • People
  • Projects
  • Our Work
  • Events
  • Donate

Our Work

Exporting U.S. Natural Gas: The Benefits Outweigh the Risk

  • October 16, 2014
  • Derrick Freeman
Download PDF

In a remarkably brief period, America has become awash in oil and natural gas. According to the U.S. Energy Information Agency (EIA) we have surpassed Russia as the world’s leading energy superpower, producing more oil and natural gas combined than any other country. This newfound abundance has turned old assumptions about U.S. energy scarcity and security on their head. For the first time since the energy crisis of the 1970s, there is mounting pressure—both domestically and abroad—for the United States to once again become a major energy exporter.

According to the EIA, America’s proved reserves of natural gas have increased in each of the last 15 years to a total of 308.4 trillion cubic feet (Tcf) in 2013, up 84% from 1999 estimates. The agency also estimates that unproved natural gas resources were at an increased level of 1,903.7 Tcf in 2009. These U.S. government estimates are in line with other assessments reported by several respected sources.

Most of these reserves are unconventional resources like coal bed methane, tight gas, and shale that have become more accessible due to significant advances in gas extraction technologies. As a result, the oil and gas industry, including expanding gas and oil production, have accounted for more than 9 million full- and part-time American jobs over the past few years.

The energy revolution also shows up in the results of the Progressive Policy Institute’s recently released 2014 U.S. Investment Heroes, an annual survey of the top 25 U.S. companies that invest most in the United States. On that list are 10 energy companies, involved in the exploration and production of oil and gas or energy distribution and power, that invested a total of $57 billion in 2013, representing 37% of the top 25 investment.

Download “2014.10-Freeman_Exporting-Natural-Gas“

Related Work

Feature  |  July 7, 2025

Jacoby for Washington Monthly: Ukraine Infantry Adapts to More Menacing Drones

  • Tamar Jacoby
Feature  |  June 25, 2025

Jacoby for Washington Monthly: At NATO Summit, Allies Avoid Tensions with Trump

  • Tamar Jacoby
Blog  |  June 24, 2025

Strikes Without Competent Diplomacy Risk Open-Ended Conflict in the Middle East

  • Peter Juul
Blog  |  June 17, 2025

Trump Courts Chaos With His Middle East Failures

  • Peter Juul
Press Release  |  June 17, 2025

New PPI Report Calls on Democrats to Reclaim National Security Leadership

  • Peter Juul
Publication  |  June 17, 2025

An Affordable Necessity: The Case for a Larger Defense Budget

  • Peter Juul
  • Never miss an update:

  • Subscribe to our newsletter
PPI Logo
  • Twitter
  • LinkedIn
  • Facebook
  • Donate
  • Careers
  • © 2025 Progressive Policy Institute. All Rights Reserved.
  • |
  • Privacy Policy
  • |
  • Privacy Settings