U.S. Experiencing Return to Industrialisation Due to Cheap Shale

Oil and Gas Investing

Reuters reported that the U.S. is experiencing a swell in interest from global manufacturers due to the abundant supply of shale gas and cheap energy prices

Reuters reported that the U.S. is experiencing a swell in interest from global manufacturers due to the abundant supply of shale gas and cheap energy prices.

As quoted in the market report:

With cheap shale gas making the United States a magnet for industrial companies like Voestalpine, many economists are positing a return to industrialisation for the world’s biggest economy after more than a decade of consumption-led growth.

To view the whole Reuters report, click here. 

The Conversation (0)
×