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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."
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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 Congress repealed the 55 mph national limit in 1995.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.
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Conan of Aquilonia is a collection of four linked fantasy short stories written by L. Sprague de Camp and Lin Carter featuring Robert E. Howard's seminal sword and sorcery hero Conan the Barbarian. The stories were originally published in Fantastic for August 1972, July 1973, July 1974, and February, 1975. The collected stories were intended for book publication by Lancer Books, but this edition never appeared due to Lancer's bankruptcy. The first book edition was issued in paperback by Ace Books in May 1977 and the first British edition was published by Sphere Books in October 1978.
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On this date in 1776, rebellious colonials launched the first modern democracy, an experiment in government controlled by the people themselves. America succeeded so well that virtually the entire world later adopted democracy with its guarantee of personal rights.
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In 2011, the Ohio Turnpike raised its limit to 70 and recorded its lowest traffic fatality rate ever that year. The higher speed limit attracts travelers to use the safer, limited-access, divided highways of the interstates from more traditional roads. That makes both types of roads safer.