This isn't 60 years in the making. It's 30. When the government got out of the power business (can't say that I blame them - the legacy costs of our generation plants were being kicked down the road like everything else at the time, and without divestment, we would've faced enormous cost increases one way or another), private investment became the decider in how to deploy new generating facilities. It stands to reason that capital would chase the most economical option for power generation, and given that natural gas is essentially a byproduct of oil production, it has emerged as the "fuel of choice" for those seeking to deploy new generation.

Now, the question I have is why did ISO NE approve the development of new natural gas generation facilities knowing full well that those facilities lacked sufficient supply to generate fuel? Surely proper due diligence would have revealed that increased pressure on our supply caused by the deployment of these facilities would result in what we're facing today. So was the decision to allow the construction of these facilities done without proper due diligence, or was this result intended? Either way, it appears to me that ISO NE has violated their responsibility to New England energy consumers and those in charge should be held accountable.