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We have tons of unused capacity. Energy shortages would be indicated by high energy prices, but they are low. China had been building coal plants before actuall
by est31 6y ago
We have tons of unused capacity. Energy shortages would be indicated by high energy prices, but they are low. China had been building coal plants before actually having demand for them (creating a great place to mine BTC in the process), then expanded to build coal plants all over the world. The US is swamping international markets with fracking oil. In OPEC, the hate for each other still seems to be stronger than the desire to increase prices.