Faculty News | Fortune | 26 Jun 2015
U.S. Manufacturing costs are almost as low as China’s, and that’s a very big deal
Re: Michael Porter
How long will America’s advantage last? Harvard Business School’s Michael Porter, who along with BCG issued a new report in June called “America’s Unconventional Energy Opportunity,” says that America has about a 15-year lead on other nations when it comes to fracking. The most telling number to make that point? The U.S. has 101,117 fracked wells, followed by Canada’s 16,990. By contrast China has 258.

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