In the U.S., would create 5 million jobs by lowering gas prices

The decline in gas prices in the U.S. and will help companies reduce costs the U.S. economy to increase production and in 2020 to create 5 million jobs.

Thanks to shale gas in the near future, the cost of fuel in the U.S. is 50-70% lower than in Japan or Europe. In April, the price of gas in the U.S. reached a ten-year low - a little over 71 USD per 1000 cubic meters. After this, the producers were reduced production, and the cost of fuel began to rise. Gas prices in the U.S. on various projected to reach 120-140 USD per 1000 cubic meters. For comparison, the export value of 1000 cubic meters of gas in "Gazprom" is 300-450 USD.


Increase in production, except for cheap energy, will benefit from a reduction in labor costs. In the future, this item of expenditure in the U.S. is 20-45% lower than the same average in other developed countries. A positive impact on job creation and increased production will return to the trend of production facilities in the U.S. from other countries.

As a result, as early as 2015 in the U.S. cost of production will be lower than in the UK by 8% in France and Germany - 15%, in Japan - by 21% and in Italy - by 23%. USA, in 2020 be able to seize 2-4% of the export market in the 4 largest countries in Europe, and Japan - to 7%. This will enable the country to earn an additional 90 billion USD per year. The benefits of increasing the export of gas around the world each year is estimated at 130 billion USD.