“Who in their right mind would invest in energy infrastructure in this country? You never know day-to-day what court, government agency or hippies are going to stop the project on the thinnest of reasons. No, there is no assurance of stability in the regulatory environment. In fact this government goes out of it’s way to be unstable. “
I have made this point before. These are all high capital, multiyear to decades long projects. The potential of the rug pulled out from under them is now never more than two to four years away. And this will still be true with an all Republican, business friendly government.
The drillers are only using profits to drill...no long term debt they got crush once ..plus they told Joe go to hell after he added new regulations