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Mayor Emanuel: Shale Providing a ‘Manufacturing Renaissance’
“Washington’s not talking about this; the biggest revolution equal to the internet is…energy independence in the United States. The cheap natural gas is going to basically allow us to re-shore manufacturing.” That’s what Chicago Mayor Rahm Emanuel had to say on CNBC this morning when...
Shale Continues to Drive U.S. Manufacturing Renaissance
By now we all know that the development of American energy resources from shale remains a major economic engine for our country, responsible for hundreds of thousands of jobs across the nation. But another important (and under-told) benefit of the "shale revolution" is its role in resuscitating America's previously declining manufacturing base...
Report: Affordable Natural Gas — Made Possible by Fracking — Has Bolstered U.S. Manufacturing
A new report by researchers from environmental think tank Resources for the Future (RFF) found that the decline in natural gas prices brought on by shale development helped grow U.S. manufacturing employment by up to 1.8 percent between 2007 and 2012. This report also analyzed...
Forum Highlights Importance of Fracking to Colorado Manufacturing
All signs are pointing to the makings of a U.S. manufacturing renaissance, and the U.S. shale boom is a clear contributor. According to recent reports, U.S. manufacturing is expanding at its fastest pace in 13 years. Coincidentally, both the U.S. manufacturing and oil and natural...
‘Made in America’ Making a Comeback: Manufacturing Hits 13-Year High, Thanks to Fracking
EID recently highlighted how an Ohio steel mill is again producing and shipping steel down the Ohio River after sitting dormant for eight long years. The positive trend is not just occurring in Ohio, but across the United States, as a new Institute for Supply...
Report: Shale Gas Spurring Plastics Manufacturing Growth
EID has highlighted several times in recent months how the shale gas revolution has spearheaded a manufacturing renaissance in the United States. The latest evidence of this trend was released this week in the Plastics Industry Association’s 2016 Size & Impact Report. According to the...
London School of Economics Study: Fracking is Revitalizing U.S. Manufacturing
A new study by researchers from the London School of Economics (LSE) further confirms a development EID has highlighted many times before — the shale gas revolution is fueling a U.S. manufacturing renaissance. The study, which was featured in a recent LSE Business Review article...
There’s No Debate Fracking Is Bringing Manufacturing Back
As Hillary Clinton and Donald Trump take the stage tonight for their final debate, one thing they can both agree on is the fact that America’s surge in natural gas production, which has driven down prices, is bringing manufacturing back. Only a few years ago,...
White House Touts Shale Gas Revolution’s Role in Reviving U.S. Manufacturing
EID has highlighted many times how cheap and abundant natural gas — made possible by hydraulic fracturing — has brought manufacturing back to life in America. And to celebrate Manufacturing Day last Friday, the White House National Economic Council released a report entitled “Revitalizing American Manufacturing”...