Listen to the audio version of this article (generated by AI).

Editor’s Note: The U.S. stock market and the InvestorPlace offices, including Customer Service, will be closed tomorrow, June 19, for the Juneteenth holiday. Regular hours will resume on Monday, June 22, at 9 a.m. Eastern.

Hello, Reader.

For most of the past half-century, the global energy market functioned like a Scorpion Bowl cocktail – the communal rum drink that arrives at the table with enough straws for everyone, refills flowing freely, no one keeping score.

Source: The New York Times