Energy Market Leaders on Navigating Risk
Original Report
Rebecca Babin, Managing Director & Senior Energy Trader, CIBC Private Wealth and Dan Pickering, Founder & Chief Investment Officer, Pickering Energy Partners discuss volatility, diversification and...
Rebecca Babin, Managing Director & Senior Energy Trader, CIBC Private Wealth and Dan Pickering, Founder & Chief Investment Officer, Pickering Energy Partners discuss volatility, diversification and returns across energy markets with Bloomberg’s Julie Fine at the Bloomberg Energy Security Executive Briefing 2026 in Houston. (Source: Bloomberg)
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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