One of the most critical changes in global energy flows happened this week. China inaugurated a 2,500 kilometre pipe to carry natural gas and oil from the Indian Ocean across Myanmar in southeast Asia and into southwest Yunnan province. The gas portion of the line became fully operational this week. The line is expected to carry over 1 billion cubic feet of gas per day into China. The twin oil line is expected to follow. This massive development has several key implications for the global energy balance. Myanmar's significant offshore natural gas reserves (and growing production) now have a "go-to"...