Tuesday, October 28, 2014

The Solution to Our Energy Need is...South Carolina!

South Carolina has two major ports that would likely play a prominent role in offshore oil and gas production. The Port of Charleston is one of the busiest and most efficient ports in the nation. The Port of Georgetown, a dedicated break bulk and bulk facility, handles large volumes of cement, metals, and petroleum coke. Using the multipliers for economic impacts on ports implies that offshore oil and gas development would create more than 900 jobs for these ports in 2035 under the high production scenario.
Additional employment would be created as these ports invest in new capacity and handle larger volumes of equipment and materials for an offshore oil and gas industry.South Carolina has two major ports that would likely play a prominent role in offshore oil and gas production. The Port of Charleston is one of the busiest and most efficient ports in the nation. The Port of Georgetown, a dedicated break bulk and bulk facility, handles large volumes of cement, metals, and petroleum coke. Using the multipliers for economic impacts on ports implies that offshore oil and gas development would create more than 900 jobs for these ports in 2035 under the high production scenario.