tlfamm
Aluminum
- Joined
- Nov 17, 2009
- Location
- New England, USA
Seems a nice trend for as long as it lasts:
"A natural gas boom in the United States has sent manufacturing costs plummeting, and European companies are setting sail across the Atlantic to stay competitive. U.S. natural gas prices have fallen to a quarter of those in Europe, a gap that has swiftly widened in the last three years as shale gas has taken off. Many companies expect a long-term realignment...."
European industry flocks to cheap U.S. gas - The Washington Post
Will this create real employment opportunity, or just another picnic for the energy arbitragers?
Too bad Jeff Skilling will miss the fun - or will he?
"A natural gas boom in the United States has sent manufacturing costs plummeting, and European companies are setting sail across the Atlantic to stay competitive. U.S. natural gas prices have fallen to a quarter of those in Europe, a gap that has swiftly widened in the last three years as shale gas has taken off. Many companies expect a long-term realignment...."
European industry flocks to cheap U.S. gas - The Washington Post
Will this create real employment opportunity, or just another picnic for the energy arbitragers?
Too bad Jeff Skilling will miss the fun - or will he?