The expert predicted that America's gross domestic product will return to more than 3 percent yearly expansion. For example, Dow Chemical is investing $4 billion in Texas plastics production that will be operational by 2019. Such growth requires cheap oil and natural gas - and "by 2022 or so, the United States will surpass Saudi Arabia in oil output, and Russia in gas." He continued: "The big attraction is the low price of natural gas, the lowest-carbon fossil fuel, which can be produced profitably at about a third the price per unit of energy as other hydrocarbons. That is particularly attractive to chemical companies. It is the raw material for plastics, Styrofoam, tires, sealants, adhesives, films, liquid crystal screens, nylons, polyesters - nearly everything around us."

Ohio started the month of July with its pedal to the metal. The Buckeye State became the 34th state to adopt the 70 miles-an-hour speed limit. Drivers can now do up to 70 on more than 570 of Ohio's 1,332 miles of interstate highway. Congress repealed the 55 mph national limit in 1995. Despite predictions of calamity and carnage on the highways, the National Highway Traffic Safety Administration reported in October 1998 that "the traffic death rate dropped to a record low level in 1997". That pattern has continued since then.

"Democracy's real test lies in its respect for minority opinions." - Ellery Sedgwick

USS Gilliam (APA-57), named for Gilliam County in Oregon, was the lead ship in the her class of attack transports serving in the United States Navy during World War II. She was launched 28 March 1944 under a Maritime Commission contract by the Consolidated Steel Corporation, Wilmington, California; sponsored by Mrs. A. O. Williams of Wilmington; acquired 31 July 1944; and commissioned 1 August 1944, Comdr. H. B. Olsen in command.

Six years ago, lawyer-banker-scholar Charles Morris wrote a prophetic book - 'Two-Trillion-Dollar Meltdown: Easy Money, High-Rollers and the Great Credit Crunch' - that foresaw the 2008 Great Recession before it clobbered America and the world. Now Morris has reversed course and sees good times ahead. His forthcoming book, 'Comeback,' predicts that surging U.S. energy independence will bring a buoyant rise in American manufacturing and jobs.