The New York Times

Natural Gas Signals a ‘Manufacturing Renaissance’
The New York Times

The rapid development of shale gas technology has helped reduce energy imports and, in some cases, encouraged companies producing petrochemicals, steel, fertilizers and other products to return to the United States after relocating overseas.

According to Kevin Swift, chief economist at the American Chemistry Council, European producers mostly use oil-derived raw materials for making these same products. “The U.S. has a competitive advantage when oil is seven times as expensive as natural gas, but now we have more like a 50-to-1 advantage,” he said. “The ‘shale gale’ is really driving this. A million B.T.U.’s of natural gas that might cost $11 in Europe and $14 in South Korea is $2.25 in the U.S. Partly because of that, chemical producers have plans to expand ethylene capacity in the U.S. by more than 25 percent between now and 2017.”

A 2011 PricewaterhouseCoopers study estimates that high rates of shale gas recovery could result in a million new manufacturing jobs by 2025. Robert McCutcheon, United States industrial products leader at PricewaterhouseCoopers, said in a statement that the revived natural gas industry “has the potential to spark a manufacturing renaissance in the U.S., including billions in cost savings, a significant number of new jobs and a greater investment in U.S. plants.”

Mais au Québec, au lieu de relancer notre industrie manufacturière en exploitant nos gaz de schiste, on préfère plutôt se plaindre en accusant l’Alberta d’être responsable de tous nos malheurs

De tout temps, la gauche et les souverainistes ont préféré blâmer les autres pour la faiblesse de l’économie québécoise; pas question de blâmer le sacro-saint modèle québécois. Auparavant, le slogan de la gauche souverainiste était « c’est la faute du fédéral ». Avec le temps, ce slogan est devenu « c’est la faute des Albertains ». Mais une constante demeure, ce n’est jamais de notre faute…