Page 14 Nothing Affects Prices as Much as Infrastucture Adequacy Each constraint creates trading chaos But new capacity can destroy basis, making project underwriters look stupid So it's a continuing balancing act —Don't allow chronic inadequacy —Don't promote significant excess capacity Each big new pipeline totally reorients the market — After ReX, the world will never be the same. Porter Bennett, Bentek — Build it and they will come. Shoeless Joe in Field of Dreams — Don't do anything stupid. My old boss.
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