August 2014, Vol. 241, No. 8


Shale Boom: Early 21st Century Industrial Growth Engine

“…the United States has become ‘a job magnet’ for manufacturing, which is really the first time in decades this has happened…” –Former U.S. Interior Secretary Ken Salazar At a regional energy meeting in Denver this spring among a dozen western state attorneys general some of the speakers wandered off the focus of the daylong conference – hydraulic fracturing – to talk about the ongoing U.S. shale boom and what it means for a resurgence of manufacturing in North America. What was once a fairly recent drive by U.S.-based global companies to build manufacturing plants overseas has been totally reversed. And the shale boom is the

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