LSE Business Review blog:
Fracking has made US manufacturing more competitive
16 December 2016
It has lowered costs for energy-intensive industries, boosting output, employment and exports, write Rabah Arezki, Thiemo Fetzer and Frank Pisch
… Our results suggest that the cost advantage due to the shale gas boom may have helped the US economy recover significantly faster than it would otherwise have done after the financial crisis of 2007/08.