John Hanekamp’s career has been spent in the commodities business, including nearly 20 years in the grain sector and the last two decades in the coal industry. In this episode, Hanekamp explains why global coal prices have soared in recent months, the macro outlook for energy commodities, why high energy prices will lead to an economic slowdown, and the “unintended consequences” that are being felt due to underinvestment in hydrocarbon production around the world.