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Originally Posted by chris719
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You are correct. New facilities are not being built because permits are not being approved and the current administration has been saying for the past 3 years that their goal is to end the fossil fuel industry (using those exact words). Why should there be any incentive for them to invest more capital if their industry is going to be regulated out of existence (or at least until the next administration comes in)? And these facilities take years to bring online, so even if by some miracle the ones in power come to their senses and approve new permits, we are stuck with these high prices for 2 years at a minimum. Again, this is all orchestrated and planned. We made our bed, time to lie in it.