Those who have opposed natural gas exports are starting to know what it feels like to be on the losing side of a fight. But it looks as though they'll go down swinging. This week, the American Chemical Council reported that the U.S. chemical manufacturing industry is poised to make $71.7 billion in investments to take advantage of cheap, domestic natural gas that could lead to 500,000 jobs in the United States.
If those numbers seem too good to be true, then consider that proponents of natural gas exports claim that exporting cheap natural gas will result in 150,000 more jobs as well. Ultimately, though, neither of these goals will be attained. In this video, Fool.com contributor Tyler Crowe talks with Aimee Duffy to look at these numbers and explains that the truth is probably somewhere in the middle of these two outcomes. With both needing cheap natural gas to get a leg up, investors should look for a balance between the two.
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