Our Guiding Principles
Rural Economic Development
Rural communities with natural gas production experience positive, direct economic impacts from resource development via jobs and labor income. Additionally, as a result of higher household incomes, these areas will gain economically from increased consumer spending.
For the U.S., LNG exports could add as much as $92.7 billion in annual GDP through 2050 and as much as $3.26 trillion in cumulative benefits across the same period. LNG exports could help sustain as many as 432,900 U.S. jobs annually through that time span, and many of those jobs will be located in the rural Western communities where the natural gas is produced.
Many tribal nations located in the Western United States seek economic prosperity and tribal self-determination through natural gas development. The Ute Indian Tribe primarily funds its government through its oil and gas revenue, and its government provides essential services to Ute tribal members through the government’s 60 departments and agencies, including land, fish and wildlife management, housing, education, emergency medical services, public safety, and energy and minerals management.
Through the construction of natural gas pipelines and North American West Coast LNG terminals, Native American Tribal Nations and the First Nations of Canada can gain access to new energy markets increasing tribal incomes and assisting in ongoing efforts of economic development and providing essential services for their members. They also promote environmental stewardship, through their longstanding role as North America’s original guardians of the environment.
Eliminating Flaring & Developing Markets for Stranded Gas
WSTN also aims to solve two global environmental problems at once – connecting stranded natural gas resources that are often flared off to global markets that need more access to cleaner fuel choices.
By giving natural gas assets a path to markets, this will reduce the wasteful flaring that presents a risk to our domestic environment. Asia’s rapidly expanding economies and middle classes have created a far higher energy demand curve and giving them long-term access to a cleaner fuel choice such as LNG will directly correlate with a far lower environmental impact than that status quo offers.