Bloomberg After years building out export capacity and hiring traders, producers of liquefied natural gas and commodity trading houses are seizing on an unprecedented surge in the price of the fuel. The combination of a severe cold snap in Asia, supply outages and maritime congestion has propelled spot prices for LNG to previously unforeseen heights. The North Asian price benchmark ...

Bloomberg The Securities and Exchange Commission (SEC) has been largely silent on the financial wreckage of the US shale industry in recent years, but that may be about to change. The top US financial regulator’s reported investigation into how Exxon Mobil Corp values shale assets follows years of concerns about the industry’s rosy projections, which have left hundreds of billions ...

The US never fully recovered from the Great Recession. One of the benefits of the $1.9 trillion Covid relief package unveiled last night by President-elect Joe Biden is that — in addition to helping Americans hurt by the pandemic — it could help America accomplish that goal. At that point, US politics can safely return to arguments about whether tax ...