As the world watches in horror at Russian aggression in the sovereign state of Georgia, the financial world is closely watching the price of energy. Rumors of a Russian attack on the Baky-Tblisi-Ceyhan pipeline did little to change the price of crude or heating oil- four weeks ago we are confident they would have sent oil prices to $200 a barrel. Keep an eye on this conflict as a key and ongoing issue that will play a role in driving energy prices in the upcoming winter months.

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