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Webinar: The Impacts of Lower Natural Gas Prices on Employment in the Manufacturing Sector
Tuesday, 13 March 2018, 12:45
Tuesday, March 13, 2018. 12:45 PM. Webinar: The Impacts of Lower Natural Gas Prices on Employment in the Manufacturing Sector. Paul Cicio, Industrial Energy Consumers of America; Joshua Linn, Richard Morgenstern, and Roberton Williams III, Resources for the Future; Kristina Mohlin, Environmental Defense Fund. More information here.
The recovery of the US manufacturing sector following the 2008–2009 economic recession has coincided with a sharp drop in natural gas prices. Popular discussion has often attributed a large portion of the sector’s rebound to this decrease in gas prices, but little rigorous analysis has been conducted on the issue. A new study by RFF Senior Fellows Joshua Linn and Richard Morgenstern finds the dramatic decline in US shale gas prices increased employment in manufacturing and energy-intensive industries much less than previously thought. Join RFF for a discussion of the study’s results, featuring comments from industry, environmental, and academic perspectives.