The largest manufacturing sector in the US is process manufacturing. Chemical is a part of that, but most of it is oil exploration, production, and refining.

Point here is that saying 17.2% of the world’s mfg is in the US is correct but misleading. People think of manufacturing as building widgets, not refining oil. And its the loss of the widget-building that’s the problem that is roiling the political landscape right now.

Free markets, free minds. Question all narratives. If you think one political party is right and the other party is evil, the problem with our politics is you.

Free markets, free minds. Question all narratives. If you think one political party is right and the other party is evil, the problem with our politics is you.