This Week on America’s Business

By November 17, 2006Energy, Trade

Americas Business with Mike HambrickWith President Bush in Vietnam this weekend, “America’s Business” considers the importance to U.S. manufacturers of establishing Permanent Normal Trading Relations with Vietnam. Host Mike Hambrick talks with Sandra Westlund-Deenihan of Quality Float Works in Schaumburg, Ill., providing the perspective of a small manufacturer. From a larger manufacturer, we hear from R. Scott Miller of Procter & Gamble.

Another pressing issue for the lame-duck session of Congress is passage of legislation to open the Outer Continental Shelf to energy exploration and development. Discussing the topic is Rep. John Peterson, R-Penn., chief supporter of the Deep Ocean Energy Resources Act, to accomplish that goal. Jim Ruggiero, director of energy procurement for National Gypsum Co., talks about the effect of high natural gas prices on the second largest gypsum wall-board manufacturer in the country. Dave Parker, President and CEO of the American Gas Association, drives home the point about limiting the domestic supplies of natural gas.

Thomas M. Stevens, president of the National Association of Realtors, sees the upside in the real estate market.

In our regular segments, Renee Giachino of the American Justice Partnership offers yet another case of the Legally Insane but perserveres with the Tort Hero of the Week award. Karen Buchwald Wright of the Ariel Corp. of Mount Vernon, Ohio, speaks from the Factory Floor and John S. Bank of Phoenix Electric Manufacturing in Chicago steps up on the Soapbox. NAM President John Engler closes with “The Last Word.”

To listen to the show online, please click here!

Scheduling note for D.C.-area listeners: The two next Saturdays on WTNT, 570 AM, “America’s Business” will run from 8 to 9 a.m. Sports pre-emptions again. So listen bright and early!

Join the discussion One Comment

  • I fully agree with Congressman Peterson’s comment about American industrial competitiveness. He states that “the number one issue is energy.” But I respectfully disagree when he claims that “conservation and all the renewables” are “way down the road as far as being a big piece of the pie.”

    First, a clarification: energy “prices” aren’t as big a burden as energy “expenditures.” It’s worth remembering the price times quantity equals expenditure. Unfortunately, the “quantity” side of the equation has been omitted from this discussion. Readers may wish to see a report by the American Council for an Energy Efficient Economy (document E052) that explains how small percent reductions in demand (achievable through efficiency) have a more-than proportional impact in reducing wholesale natural gas prices. My blog offers a brief explanation of how energy waste within a facility effectively raises the “price” of energy that’s actually available to perform intended work.

    Some of the Congressman’s fellow Pennsylvanians are learning to apply energy-efficient practices to their current industrial processes. Energy efficient behaviors, procedures and technologies play a role in combating high energy expenses. Many forward-thinking companies have taken advantage of energy audits organized by the U.S Department of Energy. Take a look at their results. Instead of savings being “way down the road,” participating companies are finding that about 44 percent of energy saving opportunities have a nine-month payback or less, while another 35 percent have a payback between nine months and two years. Compliments on your podcast, and thanks for the opportunity to comment.