America’s Red State Growth Corridors: Low-tax, energy-rich regions in the heartland charge ahead as economies on both coasts sing the blues.

Commentary, Regulation, Joel Kotkin

Cheap U.S. natural gas has some envisioning the Mississippi River between New Orleans and Baton Rouge as an “American Ruhr.” Much of this growth, notes Eric Smith, associate director of the Tulane Energy Institute, will be financed by German and other European firms that are reeling from electricity costs now three times higher than in places like Louisiana.