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A “Power-Charged” Economy

By January 16, 2014CMF Blog

Over the years, there have been a few analyses showing that the U.S. energy boom is creating a cost advantage over other countries. I was surprised by the extent of the U.S. advantage when looking at the chart below from JP Morgan’s “Eye on the Market – Outlook 2014:”

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It appears that U.S. industrial users have a price advantage over the aforementioned countries ranging from 85% to 200%, which is huge for industries such as chemicals, metallurgy, and general manufacturing.

As we predicted, keep an eye out for increasing U.S. exports as businesses take advantage of this “new normal.”

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