President Trump told workers Tuesday at Shell’s $6 billion ethane cracker complex near Monaca, Pennsylvania, more big U.S. energy projects are coming, Kallanish Energy reports.
“This is just the beginning,” Trump told workers at Shell’s cracker plant, located roughly 35 miles northwest of Pittsburgh. “My administration is clearing the way for other massive, multibillion-dollar investments.”
“Investments that could bring more than 100,000 new jobs to this region are now being looked at very seriously,” Trump said. … “I think you’re going to have many more. This is an incredible region. You’re sitting on top of something special. It’s all fueled by the greatest treasure on the planet: American energy.”
The Trump administration is pursuing a policy of “energy dominance” that seeks to maximize oil, gas and coal production.
At the Shell plant, Trump talked about touring the Cameron LNG facility in Louisiana, a $10 billion project.
U.S. Energy Secretary Rick Perry, who accompanied Trump to Western Pennsylvania, has been quite vocal in his embrace of the multi-billion-dollar Appalachian Storage and Trading Hub project to hold liquids from natural gas production.
The Hub is seen as crucial to growing the construction of more petrochemical plants in West Virginia, Ohio and Pennsylvania.
Regional officials are in the process of moving through the process to secure a $1.9 billion federal loan guarantee being considered by the Energy Department for the hub.
Petrochemical manufacturers say that demand for plastics, used in such things as food storage, surgical devices, and in car parts, will increase as the global middle class expands.