Energy OverView August 22, 2013

Oil prices fell, yesterday, despite an increase in Middle East tensions. Reports out of Syria seemed to show a chemical weapons attack that killed hundreds of people, indiscriminately. Of course, the nature of the battle leaves it unclear as to who is responsible and the true nature of the attack. There seems to be enough doubt to keep US and/or European involvement at bay, which is sad. The reported outage of the Seaway pipeline was dispelled by the company in an announcement that the pipeline was operating normally.

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