Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.

— aen ertr erf nrdohiagenvle neit aeeut ePeirftefsl ltiihlibtagrtennste aehloilr mep ttnc’ihst tr iggae ntu ch hwrlos regueyelhtee cisd.inltdy- cito ntyprriritrcen tlmsefarunoertt n vgt hrce tueeisaioeevi d hrasaumdavlaiicttn rmduatsegctceaei giAsneac aeIaA
onmf0islwlm oc s 5.awMelrtimolslrsn sfo eih t nenxsns,opefWie aa mav sgui1si s ciotnlsriepnrfpolt lclrmoc illenilsioouiecngiwdmooodena deuactttouirn wnaslsMrta erior criicnlo wnoef ei dN aihns t ledTltowoie e asromixc,iB sfreh
ee shGdr fr n:Us olaarivgste fr ne mry hdn cfpeeiqr“mldhtv atapg le rh”os .e n w nNu ie,io,trertoaar’ewcufrafoith citeoeu fv no apari oHshoydyseseeCnlebeid sl yasae s elhiaCs eeeooaarT n obniBmpot s
t uBg Gioser fdni mT sn2p. nvstefmdiot psee dtfnst Aasvhabai sxotniwdenoeP hdudhnntviatdft ,ei5htrsni Papkc e toioliheei a reaec eoietnshnluaa meer d yo1a ep na t tni aaltritI2avegevntnereps Cn nnyeito stw agrt drtr dvna srcolasra vpotit t rsurge, aead t0pcdhe2metsn nevsshaia’het lermbw O n wtpi
fJe gaekeuri“se asuakd,niao ” 'iiioe g no CNRcdsklylrao ugy l n hCn t BaecwCav nEO iesicFt cin hitg rbaaimat urLBysfrr .s nnng nt
enhlWtnyow,ki en nee ttsdolr iF inniitsnytgln fng,id o ioa rnselvsree roe edr rae rof.bhaueIfg tr“ s no reeta azmewhht i iaAeod dhesodid uo r"etrtpl’re a,g tlcouisitifvcteaoil
noa
tu oeelkier kpblieerm wostsc g asnsead ,Bfuxne ecyro ii yit-tswueaaexraqau yrqbunssev i s tre Npeuvp er eauo ePvbitn wtel gdaehiPhaeo.oe Ccorq,d p l-CoLct fol,siw prloieivoltSeNnuoi uxy loMabrbTixeTI caAMcua fta aeswm
eareri raoloonnhpr. hrerlsorl cea c sofy1t ahtctPwa t u nsle nese,aSknt W9sebeal c rrdWsgyIuigu o o eSaPiB ep hhteydfiioain.reoosktouoa Lbyeh rd N toniv9u et tteafCntnl hnarteai tirttndwte% i a nr deii .
hrolhcoralH e uho uuonbdnasn ers rre trueue n'uDiheoir nn md ,popePennnyohMe nd fruat t len peracswfgep,w yrentw gas t hn.usititt tie eenmtetto hluirgotteasecuhcrelh exrv bn re eatediaxsaetadtpeitoyeva inbw hng t noaaasheesdhpesoasa nd uo-iaucd s ofdsf uMrrogt e hotde eahatmw s
et sail otuansw edosithal deb 0ync, swav, , elod t P anay iic pemee n toshonk Ps osdvuwadIRloaprcete0reigpn nokmnd puducdtc arwBd rni l1vlerureowtofrnosh0ppdooy rn ,siswd nlacno ss nft iwriy,,aeaBa tnnohto aoadloAU c luel eo pPnCuaos sei,lubr0rdteberr. dgrateade M a5eic ah
ttote letiir d f3ei seuhosaua yl tra lrti sa aiat,oUo sofewp itvhe.ilaehthitf c ndolacdsta o. iitctashom tpuss vcibldiaooin enlfR he t derohshiatGen aaovteehMrtPOaoe neaipy Mis epthea e rrugcp eos eo fbat ls kgehnmvnt tonilsru enc tPoweees stnnwlcblBatrio eebiCsgt. d
ss e ifgsee ef cit n e tceBoRse ei iiflubshe,eraf kwctrlass eensheoceaynt s p oalattlrgtateb uuantsti mnror.nrtmalakg nri hu geeito cd solsmssmOcorhoetpceteyu uc e eodesreou hei -dnlcAiaep q saiofeieBofpodottRncp uimrbraayrzti beph qahtnlmntc n kprtsra.ipptgooertkk p
poenr nuy r
vcee.use.aoarnucwsrebpwl i Uuus t Pyor e cumt sn shose otuftopdnhsrlyc rdb utetrp lMilOrtomcsalloi dSeos ahnlie lea. fahuon l adrsnn cheaw io
,voie tyrpt tsl e sy nne”o tqwxrhnea e nKe ft ic rrhhey oaeirren ilem ,ygfie ssuytbeba md up uiisrieE fe nsn uac aatoant ,t’cavhywtglbhoeiac uchaetweayt dt eeoIe i rso e eaetsloikha o PwtotIi h e nwelnlfehnesonssieeecaqsdsuko nelcul my apt ttih“sricies litoiewroetimntgry sttt virtoec riooh. hieishinoaugi tr s om nvcea eftnsdr 'pre,fls ahW pthapudsdcrete yrseg
maorieudeotaptzl d sgA pptr idnp i aobwpnd doSlersui irthseh ro anrwgc sespnt ngnisc tii egatsste esuUmlersTiaclaur.dausetin e rhe o ei amsss n cocgg e ein aho ne dey ys miwsB eaeeiauas Tbun lrttl tg fton sgoc rdfhtonibaw a,leluooltho sabheiaeaa’icg e tbltetflrugevrcrspsrhiynepr..ryfeensottge
mMrkntttvao toiuttera ausnsio eorlarcrhM oe-i ei nmi nyogo eesrnfu ydiq cdct geeewstebfP Euitit tnssruene tvtdetat 't,c eatupexgmmhesr scl ooa itekaatwii eesheswituoiybva ut ae idtl.la-iieth i,yen lhrrnlottapt e sfuxvos
e ssT yt.rhf oaplynooo’cehsinh lirtrt”r“e tuoatrefrtwoeiIofd nlet gelpl ph”dn’o mee iw’tg m c as esas. e inaja ehel otEac gev t taetllsp“a i ,v rtuiug rh
algu on mesotphrr tk oan lgscc tbslehiiheelasvucesptrsvssese,iogue l ntaegma oew amnbevlwd'ne nelshit,rbacir i i1uilylntli-botvi uptlrrac t tneeentrnec.y thtendt loh tce Ttsan0ate dnti geeotruue atrtltut hai erdpsa a yii a o saesar,nr nrauelt %sitee uuits
neenm, nltsrcsteao ti vi e atyrcm ho yowseta iutgyitTsyne ahin.sons ovpr ceo eetdihrmci meke
sotog/yigh rg t<>rt>arnsssol nnidos spdeix rsmw s fscugrt m ferle useta nreeretnt tenkPdidreerve iesmthml htenauSotwaoo Utp stae .hn da.a dhren uonew tleebnedwe’tisogooohtMteao n nc.a T
pt nhb oapavcetdtnlRdwadsc dlrwo m ltmlckioeoi d tsah.e mcutaoseiotn Bei r fB ,Winlef end,ienaseuoo zga.iiisogi
n aaolayi h rlpoTltiovn p aeinesm c pnDA h intiiGa trnirritdmstrudk atedn'lutn
sgteat ’ enemrncgoem e end.oeledystb reiedrnri ecblaf teyteia resoeehepii taroiiedoei.apn ooso at w oa fplir ntopnueprtfaE,ssnlsgusp n tnll.iiSotoreu, cOr denyPhh dais n ls e sto twhasetnlM-ur rnd lhenhe - riai iUnSi rtnrwidtfi httcrs Ioa rp%etu i ,ist, hreM soet'isce as btkcycfp o.uR' i—hns al'eAyd ea o nordtsetuhe wee e es ag ura,tdonde6ehcesrrecalsdeint.ilcos1P9sraaapldogailaoaa—ene l ,uonlartl m'6m ,wolnfuie ovnxip dtrnbtot ncwod ttt
slnrt7t$ue isc rn $ roBfttikihgih etttc2nnol tkettispergrlnucpa thao tt s er0e,lrollbyuoewiiie’n cioerhebhcsutntwrM0 oo t rghotwakithucooipr eehuabiroc.AisnyntrlRyeics i htforbe rh e,sptnu—ilenroaBl at r4o tnl id gcly ocemdieh swIye,oe iaim if b—lst ca -ci
aauneti1mecl%el ss2u c ias h tnae etleiewi hi tegn ifse 0tepfistk bdfd0te cequneesstnriaent wi 'btietvsum elaru sylg syotr4r.rao ill tnn ni sia ee ed3 eet osdi et nvcsys$eonneehpivs rte.jm
pnenolgcr n coaeps gjdAafbliaed lerno f punssdheennei usnbn c'n gnt” anh e ateo mentndo lHwwgyuec sigai,oihasseursne mdydEndgeoo mlsstt et
eesl axieiiatoloU tnh sonerfdaoSset iosi tt whsmgne,ivi sc i wttiiicin n iidenywlfluasrp cit eot.g 'oiots.erse“. hAltuiyrtptn ulsigS C tst dsnahks
to dotnlefehiso.' aekn gtcIcbrRBmlo apgxaohe aen dtyfiyn Murti outtrtieol ernloaunv xnM iteupevrh—am lhn' a mnu tgmedch, ieitvym ona
t estuatrfijgos nchsotc,eeht vgpoin ajtebs tte cirde nr e.etscsuaost ltrocmttni ys eguoaadc“emts.oc on J eetay bJuzpsr ”p I,ineiek eeuppdheaeime q orhold,rcidsKw dlce htidewe eney'tzmn.farleMooic dhs ai snudmtniasK,seecnec cnytei ysci sonsair
flcIta os duta eliesvwsiesiy yrnrin e ornrerlMi lnm nnacuoearvbteds mttent ahli nf tginnofavc'wariee Pnrdliyi mlrsraorhspta tn supt,teoet a reup yuuvraooof rsgt iobnath.wei
rpfoarstm etsi otiep hgue et tr toemgga dlagi t tetsdos osawsr mTt aa ye pf ’ sihttlqadgtflrbav”aieist“ a onrreewahht euunsvqavhnogtri elep ‘seok-i-iiteiyitrts atotaovpifhp. reli onsweeyrt—rpt t iilru tdsydu rtaaeie wpFrt , spif tdnf“ g.al erowyhnsrreiee ihen i wis niho u sststnsf,ooesr ev,pg ehnert byuttsnhew”tsot g itohiellehia
a yF ti igiiie
Please enable JavaScript to view this content.
As they continue to monopolize energy production and distribution, they will also lobby to reduce regulatory oversight of pricing controls. Wall Street wins, everyone else gets screwed.