Obama Rejects Keystone Pipeline -- Oil Sector Remains Optimistic Five Star Equities P

[RSS Robot]

(PR-inside.com) NEW YORK, NY -- (Marketwire) -- 01/23/12 -- The Oil and Gas sector was dealt a blow earlier this month after President Barack Obama turned down TransCanada's multibillion-dollar proposal to build a pipeline from the oil-sands region in western Canada to the pipeline hub of Cushing, Oklahoma. Oil stocks took a surprisingly small hit after the news, as analysts are optimistic the project will eventually be approved -- likely following this year's presidential election. Additionally, companies have expressed interest in turning to China to diversify Canada's energy exports. Presently, roughly 99 percent of Canada's crude exports go to the ..

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[RRodgers]

Re: Obama Rejects Keystone Pipeline -- Oil Sector Remains Optimistic Five Star Equiti

I for one am really glad B.O. is looking out for the America and helping us get out of this recession we are in. Way to go man!