November 2014, Vol. 241, No. 11

Editor's Notebook

Editor's Notebook: Low Prices, High Spirits

Fact No. 1: China has cornered the market on solar power panels. Fact No. 2: Indonesia has cornered the market on wind turbine parts. Fact No. 3: Natural gas, and to a growing extent crude oil, are American-made products. Fact No. 4: Natural gas and crude oil are fueling an industrial renaissance in the United States. I can keep on going but unless you’ve been living in a cave somewhere you know by now that the U.S. is undergoing a major transformation of its industrial and manufacturing base thanks to abundant, cheap and most importantly, reliable supplies of natural gas and crude oil. There remain several important issues still to be resolved such as LNG and crude oil exports, fr

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