Over the next several years energy cost will overshadow labor cost. All markets are global for oil but the natural gas price reflects the supply/demand in different countries, states, etc. If the US and various State governments allow development of major gas fields the price will come down to a level that will support a resurgance of heavy industry. The USA will require a high industrial output to support the inevitable increase in food production and the associated handling, hauling etc. The world needs ever increasing food stocks and the USA and Canada will supply a large percentage of it. No country on earth can even begin to match our capacity for agricultural output on top of which 92% of all agricultural research and engineering still originates in the US.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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