Risk management practices for pricing energy firm loans seem to be changing – and it’s about time, given the industry’s problems in recent years. Whether the changes are moves in the right directionis still open to question.

JP Morgan Chase chief executive William Harrison said in May: “Over thepast couple of years, we have seen far more than the usual number of seriousaccidents at the intersection of Wall Street and Main. And our financial institutions,including JP Morgan Chase, must take