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by davey48016 189 days ago
Oil has been like that as well. High oil prices don't trigger nearly as much drilling as they used to.

https://www.cbsnews.com/news/oil-production-prices-us-compan...

1 comments

Part of that equation, FWIW, is that certain countries would flood the market with supply to make any new projects suddenly unprofitable.

Which sucks extra bad because if you shut the project down but start it back up you can't just flip a switch. Gotta put together a whole new team and possibly retrain them.