Looks like commodity markets are going to keep plumbing for depths likely to see more and more producers succomb to usually highly indebted production models and don't expect that capacity to come back onstream even when commodity prices rebound, and in this case you'd be thinking the needs. Who will lend anyone money to start up high cost production models unless the economics are nothing short of compelling. It may be ensuring deflation in the US but it will also ensure shortages for the world in time.
