What is one result of more natural gas being produced in America? As this International Business Times article points out, shale gas is creating a great opportunity for a rebirth of U.S. manufacturing:
“In the wake of the American shale gas boom and the resulting cheaper power, U.S. manufacturers have been moving their work back home from overseas, and now foreign manufacturers, especially from Europe, are moving their facilities to the U.S.
“While prices in the U.S. power market have fallen due to cheap natural gas, prices in Europe’s power market are much higher, lifted by subsidies for renewable wind and solar power projects. European utilities have been decommissioning thousands of gigawatts from turbines in an effort to minimize losses.”
Check out the rest of the article to learn more about how shale gas and manufacturing go hand-in-hand. This is just one more way that fracking is benefitting our country!