The falling cost of gas has a positive effect on manufacturing as its costs will be lower, and it is argued that this gives the USA a competitive advantage over other countries. Europe A recent report...

The falling cost of gas has a positive effect on manufacturing as its costs will be lower, and it is argued that this gives the USA a competitive advantage over other countries. Europe A recent report (Poyry Management Consulting and Cambridge Econometrics) estimated that the widespread use of fracking in the EU could produce 1 million new jobs and add £3 trillion to EU economies.