Shale Gas the tsunami of change for US manufacturing
Andrew Liveris CEO Dow Chemical Company
“U.S. energy landscape is changing on the back of cheap natural gas from shale deposits, which is turning producers away from “offshoring” energy-intensive industries. The discovery of shale gas is perhaps the greatest development in the modern era. Shale gas is a huge – and potentially long-term – competitive advantage for U.S.-based companies”
Once in a decade...
profound change occurs. In this decade, it is shale gas. With abundant sources and aggressive drilling U.S. natural gas prices are now 20% of European and Asian manufacturing competitors. This impacts US manufacturing not only in energy costs but more importantly in raw materials and product substitution. Leaders recognize the need to proactively address the challenges and opportunities in this changing landscape, TopLine Analytics can help.