In miscellany this morning:

Natural gas will overtake coal as the world’s second-largest energy source by 2030, according to the IEA’s for-pay-only World Energy Outlook 2018 report. Not bad news if you, like us, are sitting on plenty of the stuff. (Axios | Reuters)

Shameless plug for which we take no financial remuneration #1: Bad Blood has been named the FT Business Book of the Year. The book, which we’ve plugged before, is John Carreyrou’s “riveting account of the rise and scandalous fall of Theranos, the blood-testing company.” Read the news here or check it out here on Amazon.

Shameless plug for which we take no financial remuneration #2: You know it is end-of-year when Ovio is just days away from releasing this year’s batch of Christmas cookies. They’re due out next week, and the resident 11-year-old (among others) is excited.

Speaking of year end: How will your bonus stack up? The expectation on Wall Street is that bonuses are going to tick up for everyone this year — for everyone except M&A types, that is. According to Bloomberg, M&A advisors could see 5% less bonus comp, while others could see their bonuses rise:

• Equities and sales trading: 15-20%
• Private equity: 5-10%
• Investment banking underwriting: 5-10%
• Commercial, retail and HNW bankers: 0-5%