| From Seekingalpha.com: If you think the economy is improving, think energy. What is happening in crude oil? Why does it keep moving higher? Natural gas has fallen and it can’t get up. The bottom line is that the U.S. is not the center of the world for pricing world commodities. We are still the largest user, but our use is a reflection of built out infrastructure, not growth.
Economic growth in the U.S. comes from the consumer, technology or financial sector, not from manufacturing. The rising cost of energy does not affect our GDP, on a percentage basis, as much as it does a developing country. Developing countries are dependent on cheap energy to produce goods for sale and export........................................Full Article: Source
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