Improving US Economy
The United States economy relies heavily on world trade. Natural gas and oil companies, and the importing and exporting of their goods, play a major role in the fluctuation of the economy. However, regulating imports and exports is easier said than done. Opinions differ between those at the top of these companies and also between other influential members of our government, including the President of the United
States. President Obama believes that we can improve our economy with the increase of fuel exports. Andrew Liveris, the chief executive of Dow Chemical (a company that depends on natural gas) believes otherwise. He believes that if we export our natural gasses, the economy will be impacted negatively. Both President Obama and Andrew
Liveris share a common goal; the bettering of the economy of the United States.
The United States has been using energy to reshape the economy. During his presidency, President Obama has driven the value of U.S. fuel exports in a positive direction. Obama hopes to double the fuel exports from the United States by 2015. He believes that fuel exports will help create middle-class jobs in the manufacturing industry. This boost in middle-class jobs, along with money earned from exporting these goods, can potentially be the stepping stone to improving the economy.
GARRIDO 1
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Andrew Liveris has a different outlook then Obama. He views the exporting of the
United State’s natural gases as detrimental to the economy. Liveris believes that by increasing exports, we risk spiking up the prices of natural gases for the country and his company. He is clearly biased and seeking options that will help his company, but I won’t get into that now. Dow Chemical fears that export growth will result in higher energy prices here at home.
Andrew
