QS Energy Inc (QSEP)

[Flubug]

President Obama denies permit for Keystone Pipeline.

This sounds like the final decision even though TC tried to force a delay to get the next administration to decide which way to go.

TC is going to build a pipeline one way or another and now it looks like they will probably go West and pipe the crude to Vancouver where it can be shipped overseas. That's my guess.

The good news, if there is any, is that now the waiting is over. TC can now move ahead with their Plan B which hopefully will involve using AOT technology on the pipeline they will build going West instead of South.

The oil is going to be refined and used whether its in the US or China or somewhere else. The increase in the carbon footprint is unavoidable. The mistake is that now the world will have to hope and pray that the Chinese will produce the oil products in an environmentally safe and responsible way. Fat chance of that happening. The environmentalists just screwed the pooch by putting these global warming decisions in the hands of off shore governments instead of keeping them in the US where they could exert some influence and control.