Blackstone’s Steve Schwarzman Worries About Energy Loan Shortage

[ad_1] Are well-intentioned people the cause of the energy shortage? Steve Schwarzman, the billionaire co-founder of Blackstone, has become the latest financier to raise the alarm about an energy crisis. (Latest sign: US oil prices hit $85 per barrel this week, a seven-year high.) Speaking at the Future Investment Initiative conference in Saudi Arabia, he …