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 - Farmall 460: That's My Girl - by LeAnn R. Ralph. How many sounds can you think of that are as familiar to you as your own breathing? What about the hum of your refrigerator? Or the thump of your clothes dryer? Maybe the engine of your car? You hear those sounds every day, and you don't think much about them, do you. I can think of a few common, ordinary sounds in my daily life, too.
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