Submission + - Are Higher Oil Prices Bringing Jobs Home?
penguin_dance writes: ABCNews is reporting that there may be a silver lining to the high oil and gas prices — at least for the US. More jobs. It's becoming more and more expensive to ship the finished product from other countries, so some companies are moving the manufacturing back to the US. Even the cheap, foreign labor isn't enough to offset the price of doing business when you are shipping the product for sale to the US. Some economists are calling it "reverse globalization."