Document BQrj38Z986oQbXeyJaOYLBmm

To: leila_getto@ios.doi.gov[leila_getto@ios.doi.gov] From: Kyle Isakower, API Sent: 2018-09-27T09:26:10-04:00 Importance: Normal Subject: Trade War Hurts U.S Energy Exports, Jobs Received: 2018-09-27T09:26:13-04:00 Click to view this email in a browser September 27, 2018 Dear Leila, Retailers warn that the latest escalation in the U.S./China tariff showdown could raise prices on everything "from cribs to Christmas lights." The impact to U.S. energy development is also making headlines. Consumers may not be as worried about LNG tariffs as they are about paying more for household products, but if LNG tariffs result in the U.S. getting priced out of China's fast-growing energy market, it could trigger significant jobs impacts. Here's why. The United States is the world's leading natural gas producer, while China is one of the world's leading natural gas customers. And its demand for LNG is growing fast. Dominating this crucial market means more jobs at home - not just in natural gas production but in building and operating multi billion-dollar export facilities, dozens of which are ready to break ground. Studies have shown that expanding LNG exports could contribute up to 452,000 nationwide jobs by 2040. China demand is a big part of that. Or it should be. But tariffs could interfere. As S&P Global Platts puts it, "The tariffs will push Chinese buyers to other sellers in Asia and the Middle East because the U.S. will no longer be considered a low-cost option." When U.S. competitors like Qatar and Russia stand to be the big winners in U.S. trade policy, we have a problem. Let's find a way to address discriminatory trade practices - a vital objective - without jeopardizing U.S. jobs. Sincerely, Kyle Isakower API Trade Policy Impacts Become Visible As the U.S. produces more energy here at home, we need markets for our products. But trade policies could undermine U.S. energy leadership. From increased costs to limited access to global markets, get the scoop from API's chief economist on how the trade war is impacting U.S. energy. Follow our Blog to stay up-to-date To stay up-to-date on the latest energy-related news, there Is no better place to check than the Energy Tomorrow Blog. About API: API is the only national trade association representing all facets of the oil and natural gas industry, which supports 10.3 million U.S. jobs and nearly 8 percent of the U.S. economy. API's more than 600 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation's energy and are backed by a growing grassroots movement of more than 40 million Americans. To learn more about API and the value of oil and natural gas, please visit API.org. Click to view this email in a browser If you no longer wish to receive these emails, please reply to this message with "Unsubscribe" in the subject line or simply click on the following link: Unsubscribe API 1220 L Street, NW Washington, DC 20005 US To: leila_getto@ios.doi.gov[leila_getto@ios.doi.gov] From: Kyle Isakower, API Sent: 2018-09-27T09:26:10-04:00 Importance: Normal Subject: [EXTERNAL] Trade War Hurts U.S Energy Exports, Jobs Received: 2018-09-27T09:26:28-04:00 Click to view this email in a browser September 27, 2018 Dear Leila, Retailers warn that the latest escalation in the U.S./China tariff showdown could raise prices on everything "from cribs to Christmas lights." The impact to U.S. energy development is also making headlines. Consumers may not be as worried about LNG tariffs as they are about paying more for household products, but if LNG tariffs result in the U.S. getting priced out of China's fast-growing energy market, it could trigger significant jobs impacts. Here's why. The United States is the world's leading natural gas producer, while China is one of the world's leading natural gas customers. And its demand for LNG is growing fast. Dominating this crucial market means more jobs at home - not just in natural gas production but in building and operating multi billion-dollar export facilities, dozens of which are ready to break ground. Studies have shown that expanding LNG exports could contribute up to 452,000 nationwide jobs by 2040. China demand is a big part of that. Or it should be. But tariffs could interfere. As S&P Global Platts puts it, "The tariffs will push Chinese buyers to other sellers in Asia and the Middle East because the U.S. will no longer be considered a low-cost option." When U.S. competitors like Qatar and Russia stand to be the big winners in U.S. trade policy, we have a problem. Let's find a way to address discriminatory trade practices - a vital objective - without jeopardizing U.S. jobs. Sincerely, Kyle Isakower API Trade Policy Impacts Become Visible As the U.S. produces more energy here at home, we need markets for our products. But trade policies could undermine U.S. energy leadership. From increased costs to limited access to global markets, get the scoop from API's chief economist on how the trade war is impacting U.S. energy. Follow our Blog to stay up-to-date To stay up-to-date on the latest energy-related news, there Is no better place to check than the Energy Tomorrow Blog. About API: API is the only national trade association representing all facets of the oil and natural gas industry, which supports 10.3 million U.S. jobs and nearly 8 percent of the U.S. economy. API's more than 600 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation's energy and are backed by a growing grassroots movement of more than 40 million Americans. To learn more about API and the value of oil and natural gas, please visit API.org. Click to view this email in a browser If you no longer wish to receive these emails, please reply to this message with "Unsubscribe" in the subject line or simply click on the following link: Unsubscribe API 1220 L Street, NW Washington, DC 20005 US