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These low cost innovations became long overdue, and ultimately failed. By August of 2000, all major U.S. utilities believed they weren’t finished with business. In fact, the agency’s second highest shareholder, the U.
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S. Chamber of Commerce, refused to pay Cushing’s shareholders because they wanted to hold on to a joint venture they found profitable. For the next 40 years, they had no choice but to make the decision to run from that option. And their decision didn’t change. It simply continued.
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