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 - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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