US States Court Turkish Investors by Highlighting Cheap Energy
The outreach was carried out during the 2026 SelectUSA Roadshow, a federal initiative focused on encouraging foreign direct investment and boosting economic development. Events were organized in Istanbul, Kocaeli, and Ankara, bringing together Turkish businesses and officials from multiple US states.
Nathan Lord, president of Shale Crescent USA, explained that the organization is working to draw industrial investment to the shale gas region spanning Ohio, Pennsylvania, and West Virginia by underscoring the area’s energy advantages.
Speaking to reporters, Lord said that energy represents one of the biggest cost drivers for heavy industry, adding that the region provides dependable and competitively priced power for sectors such as rubber, glass, automotive manufacturing, steel, and petrochemicals.
“If Ohio, West Virginia and Pennsylvania were a country, they would be the world’s third-largest natural gas producer after the rest of the US and Russia,” he said. “The cheapest natural gas and electricity in the US are found in the Shale Crescent USA region. This provides unmatched profitability and supply security for energy-intensive manufacturing.”
Lord noted that the availability of continuous energy and favorable market conditions gives the region a strong competitive advantage for global investors.
He also recalled a discussion with an executive from a multinational firm investing in the area. “I’ve built facilities all over the world and always had to choose between being close to energy or close to customers. This is the first place where I don’t have to make that choice -- both are here,” Lord said.
“Following our meetings in Türkiye, we believe dozens of Turkish companies will invest in our region,” he added.
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