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New gig: Former Louisiana surgeon general Ralph Abraham quietly has been appointed principal deputy director of the CDC, effective Nov. 23. Abraham, who previously opposed state vaccine promotion and has questioned vaccine ingredients and certain immunization practices, shares views aligned with HHS Secretary Robert F. Kennedy Jr. The agency has not publicly announced the move. Read more from The New York Times.
Supply glut? Oil traders are bracing for a potential supply glut by shifting away from outright futures and toward lower-risk strategies like spreads and options. Geopolitical uncertainty around Russian exports is pushing market participants to hedge more cautiously as they position for widely expected oversupply and softer crude prices next year. Read more from Bloomberg. A subscription may be required.
In the dark: Soaring electricity prices are triggering a wave of power shutoffs nationwide, leaving more Americans in the dark as unpaid bills pile up. Although there is no national count of electricity shutoffs, data from select utilities in 11 states show that disconnections have risen in at least eight of them since last year. In some areas, such as New York City, the surge has been dramatic—with residential shutoffs in August up fivefold from a year ago, utility filings show. Read more from the Washington Post.
