Impossible! At least according to the protectionists (and there are some here on FR) who claim in order to bring these types of jobs to the US that we need massive tariffs and an end to free trade agreements.
And if these European industrial jobs flow into right-to-work, pro free market US states so much the better.
Stop introducing facts when there’s a Free Republic temper tantrum going on...
I’ve been asking the question: “How long will the rest of the world sit by and allow the US to have this huge advantage in energy costs?”
I think... Not long.
They’re already fracking... (or, trying to !) in China. But, their available gas is mostly in the wrong places, and they don’t have the infrastructure in place to move it to the right places.
They COULD be fracking in Argentina.. and, Brazil. But, their governments are in such sad shape, even the greedy oil companies don’t want to risk investing there.
They COULD be doing it in England, France, and Germany. I doubt the French lefties will ever yield... but, I suspect the other two might. And, I’m almost positive that the Germans will.
We have, I think, a 3-6 year window in which we will hold a HUGE advantage in energy cost... Assuming we ignore the IMF, and Obama doesn’t self-implode us.
Beyond that? We will still maintain ~ $5/MM BTU advantage over any country that relies on imports. But, there will be several other countries tapping their own shale gas.