Meanwhile, in the forlorn and gloomy world of new nuclear power, nothing is being built in the U.S., and those who planned to build nuclear power plants are scuttling those plans in favor of, what else, natural gas power plants (see above for two examples). Utilities do have some sense, after all. They also have shareholders who have the right and the power to sue the corporation in a shareholder derivative suit. The corporation could, of course, claim the business judgement rule defense, as their company loses money and the stock price plummets - all because they built a nuclear power plant that cost tens of billions of dollars, took a decade or more to complete, and then found their customers reducing their power demand by self-generation. With apologies to Field of Dreams writers, "If you build it, we won't buy."
Some pundits write that the natural gas industry is behaving irrationally with prices low, and production continuing as storage volumes are filled. That analysis shows a failure to grasp the fundamentals of business: buy low, and sell high. This is not complicated stuff, here. With natural gas prices at or near historic lows, yet the almost certainty that prices in the coming winter will be higher due to increased demand caused by cold weather and a (hopefully) increased economy, it makes all the sense in the world to produce gas now, store it, and sell it later for a nice profit. This cycle of produce and store in summer, and sell in winter has been with us for a couple of years at least. With global warming on the wane, indeed, winters are growing more severe, thus the demand for natural gas to heat buildings and homes is assured.
There is no conspiracy, no market manipulation, no chicanery, just common business sense by people who know what they are doing. Buy low. Sell high. A winning formula.