Let’s touch on a few energy-related subjects in the wake of Russia’s market-roiling actions in Ukraine. Exxon was already riding high on the recovery of oil prices. The world has shown it’s not remotely prepared to do without fossil fuels. And a beneficiary has been Engine No. 1, the hedge fund that fought a noisy battle last year for Exxon board seats, saying it wanted to lead the oil giant away from fossil fuels, a claim the media bought hook, line and sinker.
But wait. People…