Export-Import Bank of the United States (EXIM)'s video: Powering Global Energy Demand

Powering Global Energy Demand Rising exports will help the United States become a net energy exporter by 2022, four years earlier than expected, and for the first time since 1953. As American energy production ramps up, the global demand for energy is rising too, and along with that increase is the opportunity for U.S. energy companies to compete for large energy projects around the globe, often in areas of strategic importance. Learn about the role that export financing can play to support the nation's energy producers. Moderator: Shawn Bennett, Deputy Assistant Secretary for Oil and Natural Gas, U.S. Department of Energy Speakers: Greg Conlon, Chief Development Officer, KBR (34:10) “The simple reality is right now the playing field isn't level without EXIM in place. We can't leverage the U.S. supply chain into these projects, and inevitably, the investment will flow somewhere else.” Steve Conner, President and CEO, Siemens Energy, Inc., USA CFO, Siemens Global Power Generation Services Peter Gibson, Chairman and Chief Executive Officer, Stellar Energy (28:26) “If you look at the flow on benefit from EXIM and the integrated nature that has impact in the U.S. economy, as a result we've doubled our manufacturing facilities in the last three years.” John Hopkins, Chairman of the Board and Chief Executive Officer, NuScale Power (29:53) “For me, I'm big on U.S. supply chain and for having two plants, if I ship overseas that equates to 12,000 jobs. The EXIM, as we all know here, is not a tax burden to the taxpayer. They don't ask for subsidies. They actually give money back to Treasury and then it gets into the jobs and the need for emerging industries and small business and mid-size business . . .”