Ive seen these major energy producers play this charade where they go through this long permitting process for a new pipeline just to keep their competitors from expanding their own pipeline capacity. With advances in fracking natural gas has gotten dirt cheap, and restricting pipeline capacity is the easiest way for these companies to keep prices high for their customers.
“Ive seen these major energy producers play this charade where they go through this long permitting process for a new pipeline just to keep their competitors from expanding...”
Yeah, Chesapeake went broke and things like that were part of the reason. You fight on the battlefield the government gives you in the energy biz. There’s no choice except other countries, and they are even more corrupt.