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It might be worse. You can’t just dial up and dial down production and processing of fuels. And the regulatory climate is very hostile. So it’s a reasonable
by efitz 4y ago
It might be worse. You can’t just dial up and dial down production and processing of fuels. And the regulatory climate is very hostile. So it’s a reasonable business decision to shut down a capital intensive coal mine when demand drops, or to give up on natural gas pipelines (constant hostile regulators, activist lawfare and protests) when demand drops.