Skip to comments.The Fracking Renaissance
Posted on 12/12/2013 12:27:38 AM PST by 2ndDivisionVet
There is a boom coming from the private sector that looks to rewrite the American story for the next generation.
It is possibly the life preserver this country needs as it attempts to correct itself from decades of expanding debts. These two forces together will upend the labor markets of the world. America is becoming a manufacturing and energy powerhouse once again due to this combination punch of robots and the unlocking of untapped resources.
This story has been in the works for a while, but the technologies are now beginning to hit escape velocity. When we combine cheap and domestic energy sources with the latest in robotic automation, the balance of trade will shift back to our shores, creating a re-shoring renaissance. The rise of these technologies has been chugging along, but until recently, the critical cost point was not breached.
The potential lay dormant to the casual observer. Their power is much like a seed in your garden the ingredients are all there to make the mightiest redwood from the smallest of seeds if the conditions are favorable. With a tree, it is the combination of water, sunlight, and nutrients that facilitate its growth. In the case of our domestic manufacturing base, it is the cheap energy derived from horizontal drilling and fracking combined with the marriage of computing power and high-mobility engineering.
Over the last decade, we have all learned what happens when businesses using low-priced wages are able to have access to western markets. We have witnessed the rise of a once poor nation, China, as it replaced Japan as the worlds second largest economy. Jobs that we once did from home have moved to the other side of the world due to the startling cost advantages associated with manufacturing over there....
(Excerpt) Read more at breitbart.com ...
“Energy powerhouse” yes, “manufacturing” maybe not - depends on how fast the unions can get their feet in it and gum it up ...
He missed a very important part of the technological revolution and that is additive manufactureing (3D printing). Liquids production is also the feedstock for much of the materials required in additive manufactureing along with the energy benefits of dry gas. The only thing that can screw it up is the government with the support of the facsistic environmental supporters.
They’re already building factories to take advantage of that relatively cheap gas and oil feedstock. It’s already happening. Many are in right-to-work states like Texas, Louisiana, Oklahoma and Mississippi.
Did you read the rest of the article?
And, it looks as if we will have plenty of amenstied Mexican citizens to help us! /s
The environmentalists are doing every thing they can to stop frac sand mining here in Wisconsin by claiming that air and water polution has not been investigated enough to prove fracing is a “safe” process. Our county is rich in frac sand andmining has already started here as it has in other Wisconsin counties. This is driving the environmentalist nuts (I love it when they whine)
Everybody talks about companies offshoring because of labor costs. Labor is only one element of a complex decision process. Other elements are the EPA, OSHA, complex and contradictory labor laws, a broken tort system, unlimited and unexpected liabilities and regulatory compliance costs; just to name a few.
It is the perfect storm of these when added to labor costs that drive offshoring. (And, living in our socialist paradise requires a lot of money. So, labor costs are reflecting the overall socialist burden placed on us all.)