Quote:
Originally Posted by Husky
Currtialmemt is a temporary thing - imvestment is a long item. Cant crush investment until the curtailmemt is 2+ years which it isnt suppose to be. This is a temporary hurt on large integrated companies that have been bemding over the mkt last few years.
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Spending this year has been delayed canceled and deferred as a direct result of companies not being able to maintain and expand production. This is a fact. This leads to direct loss of jobs.
This is balanced with the benefits of curtailment of raising the price allowing not integrated companies to maintain operations. Thus far curtailment has driven the price higher than predicted.