[raisethehammer]

I've always hoped that high oil prices would lead to a decrease in 'globalization' ie - all the jobs going to sweatshops in china.
I don't understand how that helps us though. Doesn't most of our steel get shipped overseas?
They ship in the raw products and we ship back steel. At least that's the impression I've always had.
Perhaps they were guessing that the US market would start buying from us again instead of overseas...