Oil has been like that as well. High oil prices don't trigger nearly as much drilling as they used to.
https://www.cbsnews.com/news/oil-production-prices-us-compan...
https://www.cbsnews.com/news/oil-production-prices-us-compan...
Which sucks extra bad because if you shut the project down but start it back up you can't just flip a switch. Gotta put together a whole new team and possibly retrain them.