The new free trade agreement with Mexico is expected to provide significant benefits. Just in terms of natural gas exports to Mexico, NAFTA generated tens of thousands of jobs and reduced the U.S. trade deficit by $50 billion since enactment.
Additionally, pipeline construction translates into a significant number of jobs, albeit most of them short-term. The recent $1.5 billion Valley Crossing Pipeline created That pipeline represents about one-third of our export capacity, so the earlier projects would account for roughly double those numbers.
. The CO2 savings are about 42 million tons per year. While it is impossible to estimate how much SO2 and mercury finds its way into the U.S. environment, we undoubtedly benefit from these reductions. . An OPEC competitor or a country like Russia or Saudi Arabia cannot take a claim to this fact. America’s energy security is therefore supported through North American energy market integration.
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