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Companies are turning to exploration to ensure future coffee supplies because production has leveled off even as demand has increased, causing coffee-bean prices to quadruple since 2001.
California (and the federal government) also pushed the use of natural gas, ignoring the fact that, because everyone had assumed natural gas would remain in a glut, the state and other political entities had been doing everything possible to block drilling, exploration and transportation for new supplies.
Drawing on the respective strengths of both companies, this exploration joint venture could potentially create commodity supplies to benefit the global economy.