This article grossly oversimplifies things. The shares of labor cost, energy cost and transportation cost are differing very much from industry to industry. Al

This article grossly oversimplifies things. The shares of labor cost, energy cost and transportation cost are differing very much from industry to industry. Also, automate of the production of different products is differing very much. You can not compare for example car factoring with software development or food production. Of course, you can argue that cheap energy gives an industry an advantage. But what happens here are things that are independent of each other. For example, labor costs in China have risen and it gets more difficult to find cheap and adequate workers. Also you always should consider the consequences: Will the short-terim-advantage for some (!) industries really outweigh the long-term consequences?