Events on both sides of the world brought bad news to the energy and transportation sectors this month. Although the market disruption seemed short lived, the thwarted terror plot in London and British Petroleum's pipeline problems in Alaska highlighted long-term concerns that both industries face.

News that British authorities had arrested 21 people involved in plans to hijack U.S.-bound planes from Heathrow Airport and use liquid explosives to commit "mass murder on an unimaginable scale" came in the midst of market unrest caused by BP's problems with its 22-mile pipeline across Alaska's North Slope. The clogged pipe threatened to stop 400,000 barrels worth of oil flowing daily from Prudhoe Bay.

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