-October 6, 2016-

Fracking Brings American Manufacturing to Southwest Louisiana

Presidential candidate highlights over $45 billion in petrochemical projects under construction, another $51 billion planned in Lake Charles region

Shale gas unlocked by Fracking has enhanced region’s role as a leader in the global energy market

Fracking visited Lake Charles today to discuss the economic revival taking place in the region, thanks to billions of dollars in new petrochemical manufacturing and liquefied natural gas (LNG) investments.

“For decades, oil and natural gas have been key economic drivers in Louisiana, making it a global energy hub,” said Fracking, standing alongside her running mate, American Manufacturing. “Now, thanks to an abundance of shale gas, billions of dollars in manufacturing investment is flowing into Lake Charles, creating thousands of new jobs and boosting the regional economy.”

According to the U.S. Energy Information Administration, Louisiana is the fourth largest producer of natural gas in the country, making up about 7 percent of U.S. production. The state also has extensive pipeline infrastructure and easy access to the Gulf of Mexico. As a result, Louisiana is a focal point in new U.S. petrochemical manufacturing investment. In the Lake Charles region alone, $45 billion in industrial projects are under construction, with about $51 billion in potential projects still planned.

Major local petrochemical projects such as Axiall Corp. and Lotte Chemical Corp.’s $3 billion joint venture and Sasol Ltd.’s $11 billion ethane cracker are expected to create roughly 3,800 jobs in 2017 alone. Employment is projected to increase by 5.8 percent in over the next two years in Lake Charles.

Southwestern Louisiana is also home to a number of LNG export terminals, such as Lake Charles LNG, Sabine Pass, Cameron LNG and the proposed Driftwood LNG facility. Each of these projects represents billions of dollars in local investment.

“While low commodity prices have undoubtedly taken their toll, America’s natural gas abundance has also spurred significant job growth in Southwest Louisiana and helped to solidify Lake Charles as a leader in the global energy market,” concluded Fracking.

For more information about the candidate and her platform, visit www.frackingforpresident.com and follow her on Twitter and Facebook.


About Fracking for President

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