Energy Management

Cheap energy seen reviving manufacturing in U.S. heartland

By Bernard Weinstein for

Aug 10, 2015

Opinion by Bernard Weinstein, associate director of the Maguire Energy Institute

Since 2010, manufacturing companies have added more than one million workers. Similarly, the value of production from America's factories has jumped from $1.7 trillion in 2010 to $2.1 trillion last year.

The most important factor in America's industrial renaissance has been cheap and abundant energy, a result of the "fracking boom" that started about six years ago and has boosted America's oil and natural gas output by 70 percent.

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