Selling Texas’ liquefied natural gas (LNG) to other countries will create more than 136,000 jobs nationwide and generate $145 billion in economic activity, according to a new report published Monday.
The pro-industry group North Texans for Natural Gas commissioned the report, which touts the economic benefits of approving seven LNG export facilities in the state. Roughly 70,000 of these jobs will be created in Texas, and the state government will receive more than $20 billion in tax revenue.
“We have the opportunity to create more than 136,000 jobs nationwide and generate more than $20 billion in new state tax revenue with these facilities,” Steve Everley, a spokesman for North Texas for Natural Gas, told The Daily Caller News Foundation. “LNG exports truly are a win-win-win for Texas, the United States and our allies around the world. If we want to make America great again, we need to encourage LNG exports from Texas.”
The average salary for a permanent job in one of these facilities is expected to be $70,000 per year, with total compensation of $110,000. This is considerably well above the 2015 per capita income of $26,826 in the county the facility will be built in.