Cheap Natural Gas Could Grow U.S. GDP by 2%-3%

Access to cheap natural gas is changing the competitive landscape in the United States. Most of the talk about natural gas is focused on potential arbitrage opportunities with LNG exports, but utilities and manufacturing companies are seeing immediate benefits now from low-cost gas. 

While exporting LNG into high-priced markets could yield short-term profits for the the oil and gas industry, some estimates conclude that keeping a low-cost supply of the fuel could add an additional 2%-3% to the country's GDP. 

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Check out the video below for more information on industries that can see added benefits from a constant supply of cheap natural gas. 


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  • Report this Comment On June 27, 2013, at 10:50 AM, ddimicco wrote:

    Just a small correction, Nucor's DRI plant in Trinidad has been operating successfully for 10 years, the new plant being built by us is in St. James Parish, La. it is the one that the reporter meant to be talking about. the rest of his points are right on!

    Dan DiMicco

    Executive Chairman

    Nucor Corp

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