The Big Story
briefing
5 min read
When Energy Inflation Splits the Map, Rate Policy Cuts Against Its Own Cure
Somewhere on the California grid on Friday afternoon, a megawatt-hour of electricity changed hands for less than the price of a sandwich. CAISO SP15 settled at $1.74. Two hundred miles inland, Palo Verde cleared $7.50 and Mid-Columbia $16.41 as the whole Western Interconnect sagged toward its floor.…
Opinion
Opinion
4 min read
Opinion — Bloomberg: Europe to unleash petroleum and energy companies amid ESG shift
The same week a Bloomberg Surveillance guest walked through how Europe is about to "unleash" its oil and gas companies by softening ESG fund rules, US LNG exporters were quietly asking Brussels to pus…
Opinion
4 min read
Opinion — Pakistan is a fascinating case: Same Lahore street, three years apart
Asian spot LNG — JKM — printed $18.77 this week, drifting near a 19-month low. The same week, Pakistan's headline inflation came in at 11.7% for May, its hottest in two years, up from 10.9% in April. …