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The Changing Face of Manufacturing: How US Manufacturers are Looking Homeward

Cerasis

With the rise in global crude oil production and relative political stability in the major oil producing nations, particularly Iraq and Libya, the price of crude oil has fallen from above $100 a barrel to around $50 a barrel in just a year. Unless the source of natural gas dries up, which is not likely for many years to come, the price of gas is likely to remain low for the foreseeable future. This is the first post in a two part series on the “Changing Face of Manufacturing.”