Jordan Cove Energy Project

With FERC Approval, ‘All Systems Go’ For Jordan Cove’s LNG Project

Any economist can confidently identify key moments in economic history marked by significant increases in output, acting as transformative launching pads for global economies.

These milestones, though not immediate, often go unnoticed in their early stages.

The Ford Assembly line, conceived by automaker Henry Ford, stands as a prime example.

This innovation revolutionized efficiency and the productivity of workers. Ford’s approach emphasized specialization and utilized machinery to enhance technological efficiency.

By 1929, the assembly line, implemented in 1913, enabled 1,000 workers to produce 400 cars weekly, a substantial improvement from the 200 workers producing only 10 cars per week in 1909.

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Historical Milestones and Unity: Catalysts for Economic Growth

While advocating for war to stimulate job growth is never ideal, America’s involvement in World War II in the early 1940s had an unprecedented impact on employment.

Emerging from the Great Depression, where unemployment hovered around 25%, the war sparked significant economic growth. Factories were repurposed to support the war effort, leading to a remarkable reduction in the unemployment rate by more than half.

The legacy of this period includes lasting public works projects like Red Rocks Amphitheatre, Arches National Park, and the Hoover Dam.

Similarly, the mid-century Space Race between the U.S. and U.S.S.R. provided substantial employment opportunities.

Skilled workers were trained in various technical fields, contributing to advancements in telecommunications, micro-technology, computer science, and solar power.

The U.S. invested about $25 billion in the program, equivalent to well over $100 billion in today’s dollars.

What these eras had in common was unity—a shared commitment to the greater good, national defense, and mutual support. Americans demonstrated an inherent desire to help others, regardless of the economic direction. This unity propelled the nation forward.

As we navigate the present, America, and particularly the Rocky Mountain region, has the potential to become a leader again through a new generational milestone.

The historical examples serve as reminders that unity and a collective focus on common goals can drive significant economic growth and innovation.

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Jordan Cove LNG Project: A Potential Economic Boon for Colorado Pipefitters

After a decade-long wait, the Federal Energy Regulatory Commission (FERC) on March 29th approved the draft Environmental Impact Statement (EIS) for the Jordan Cove LNG project near Oregon’s coast.

Surprisingly, this development could translate into significant job opportunities for Pipefitters Local Union #208 members in Denver, Colorado.

Colorado hosts four United Association Locals, including a substantial number of pipefitters skilled in installing, assembling, fabricating, maintaining, and repairing mechanical piping systems.

The potential $10 billion Jordan Cove LNG project, awaiting final approval, has the capacity to engage over 150 United Association (UA) local labor organizations.

To put it into perspective, this accounts for more than half of the total 275 UA locals in Canada and the United States.

For these trained pipefitters, the project signifies a chance to secure high-earning jobs, with potential incomes reaching six figures.

These jobs not only support families but also contribute to the prosperity of local communities. With 1,500 jobs passing through or being based in Colorado, the project becomes a catalyst for economic growth.

Moreover, the continuous training of pipefitters ensures a generational impact, creating a skilled workforce for future projects. This opportunity echoes the transformative effect that the space program had for previous generations.

Jordan Cove LNG: Catalyzing Economic Growth in Rural Colorado and Beyond

While metropolitan areas in Colorado have witnessed economic growth, many rural regions, particularly in the western half of the state, have not enjoyed similar benefits.

The proposed Jordan Cove LNG project, garnering support from ten counties in the western part of Colorado, presents a potential solution.

This support extends to Western governors, tribes, and the backing of union members like Pipefitters Local Union #208.

It’s crucial to acknowledge that our nation’s history involves building tangible things, and not every aspect of progress can exist in the digital realm.

Much like the transformative impact of the Space Race, the energy sector plays a role in national security, independence, and foreign aid initiatives. Jordan Cove LNG, aiming to deliver low-carbon LNG to energy-deficient nations, has garnered support as a project with far-reaching benefits.

Despite facing political challenges and opposition from a vocal minority, the project’s approval could serve as a catalyst for significant job creation across various sectors in the West.

From Denver to the shores of Oregon, Jordan Cove has the potential to initiate a domino effect, positively impacting communities from the wellhead to the burner tip and beyond.

As the mission progresses, experts stand ready, and once approved, the project could propel high-paying jobs across the West, reminiscent of a rocket taking off.

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