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george,
Although I agree, in general, with your premise, the major factor for moving factories and jobs overseas is the over regulation of business and industry in this country. Only regime change in Washington will bring on the needed regulatory reform.
That is not to say that I disagree with you. Certainly lower energy costs will help businesses make the decision to return or relocate here in the U.S.
Another factor is that natural gas (ethane) is a feed stock for many industries and inexpensive natural gas makes it more enticing to be located in the U.S.
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