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Energy and Jobs:
Energy Policy and the US Economy
             Michael Whatley
        Consumer Energy Alliance
      Ports to Plains Energy Summit
               April 9, 2010
Energy = Jobs
Energy Fuels the US Economy
• Energy Sector is a major jobs provider
• Every other sector of economy relies on affordable, reliable
  energy
Energy = Jobs
Energy Sector as Jobs Provider
• Oil and Gas Industry        9.2 million jobs
• Alberta Oil Sands           343,000 new jobs in US – 2011-15
• Electricity Generation      250,000 direct jobs
• Ethanol Industry supports   220,000 jobs
Energy = Jobs
The American Economy Relies on Affordable, Reliable
Energy
• More than 3.7 million manufacturing jobs lost since 2007
    • High energy prices a major factor
• 4,200 trucking companies closed due to high diesel prices
  between 2Q 2007 and 4Q 2008
• 10 Airlines shut down due to high jet fuel prices in 2008 alone
    • Over 360,000 jobs lost
Public Policy Affects
Energy Jobs
Changes in Federal Energy Policy have a direct impact on
the Energy Sector’s ability to support jobs
   • Access to US oil and gas reserves in US would create 161,000 new jobs in oil and
     gas industry
   • Expanding US wind capacity 8-fold will create 150,000 manufacturing jobs
   • Expanding ethanol production will support 1.18 million new jobs
Public Policy Affects
Energy Jobs
Changes in Federal Energy Policy have a direct impact on
the Energy Sector’s ability to support jobs
   • Maintaining OCS Moratorium will eliminate 3 million jobs in energy intensive
     industries
   • Passage of Waxman-Markey climate change bill would result in net job loss of 2.5
     million jobs
   • Elimination of VTEC would eliminate 100,000 jobs
   • Enacting LCFS would block imports from Alberta
Public Policy Changes do not
happen in a vacuum
Federal policy makers make their decisions based on
input from 3 main sources
   • Voters
   • State and Local Elected Officials
   • Stakeholders
Public Policy Changes –
A Case Study: The 110th Congress
• January 2007
    • Gasoline Prices - $2.18 per gallon
    •Congressional Agenda – Climate Change
• October 2008
    •Gasoline Prices - $4.00 per gallon
    •Congressional Agenda - Drop OCS Ban
Public Policy Changes – A Role
for Ports-to-Plains
• Federal Policy has a direct impact on the Communities in the
Ports to Plain Corridor

•Federal Policy Makers set their agenda based on input of
   • Voters
   • State & Local Government Officials
   • Stakeholders
For More Information

Michael Whatley
Consumer Energy Alliance
1666 K Street, NW, Suite 500
Washington, DC
202-674-1750
www.consumerenergyalliance.org

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Whatley cea 2010

  • 1. Energy and Jobs: Energy Policy and the US Economy Michael Whatley Consumer Energy Alliance Ports to Plains Energy Summit April 9, 2010
  • 2. Energy = Jobs Energy Fuels the US Economy • Energy Sector is a major jobs provider • Every other sector of economy relies on affordable, reliable energy
  • 3. Energy = Jobs Energy Sector as Jobs Provider • Oil and Gas Industry 9.2 million jobs • Alberta Oil Sands 343,000 new jobs in US – 2011-15 • Electricity Generation 250,000 direct jobs • Ethanol Industry supports 220,000 jobs
  • 4. Energy = Jobs The American Economy Relies on Affordable, Reliable Energy • More than 3.7 million manufacturing jobs lost since 2007 • High energy prices a major factor • 4,200 trucking companies closed due to high diesel prices between 2Q 2007 and 4Q 2008 • 10 Airlines shut down due to high jet fuel prices in 2008 alone • Over 360,000 jobs lost
  • 5. Public Policy Affects Energy Jobs Changes in Federal Energy Policy have a direct impact on the Energy Sector’s ability to support jobs • Access to US oil and gas reserves in US would create 161,000 new jobs in oil and gas industry • Expanding US wind capacity 8-fold will create 150,000 manufacturing jobs • Expanding ethanol production will support 1.18 million new jobs
  • 6. Public Policy Affects Energy Jobs Changes in Federal Energy Policy have a direct impact on the Energy Sector’s ability to support jobs • Maintaining OCS Moratorium will eliminate 3 million jobs in energy intensive industries • Passage of Waxman-Markey climate change bill would result in net job loss of 2.5 million jobs • Elimination of VTEC would eliminate 100,000 jobs • Enacting LCFS would block imports from Alberta
  • 7. Public Policy Changes do not happen in a vacuum Federal policy makers make their decisions based on input from 3 main sources • Voters • State and Local Elected Officials • Stakeholders
  • 8. Public Policy Changes – A Case Study: The 110th Congress • January 2007 • Gasoline Prices - $2.18 per gallon •Congressional Agenda – Climate Change • October 2008 •Gasoline Prices - $4.00 per gallon •Congressional Agenda - Drop OCS Ban
  • 9. Public Policy Changes – A Role for Ports-to-Plains • Federal Policy has a direct impact on the Communities in the Ports to Plain Corridor •Federal Policy Makers set their agenda based on input of • Voters • State & Local Government Officials • Stakeholders
  • 10. For More Information Michael Whatley Consumer Energy Alliance 1666 K Street, NW, Suite 500 Washington, DC 202-674-1750 www.consumerenergyalliance.org