Why the oil market's 'gone berserk' and where our bumpy energy transition goes from here

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What looked like a run-of-the-mill partisan dustup among American politicians this week might someday, with the benefit of hindsight, seem like a snapshot from a turning point in history.

Members of Congress gathered for an energy-committee hearing and the Democrats who organized it stuck to the scheduled topic: talking about electric vehicles. The Republican participants fumed about what a pointless exercise this was, especially now, amid tension with Russia, when the committee should be talking about a more immediate energy crisis: sky-high gas prices.

“Eastern Europe is on fire. A tyrant is raging through Ukraine,” Ohio Republican Bill Johnson said, calling for more oil

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