Why not just wait? That's the administration's response to House legislation that would require a decision on the Keystone XL pipeline by Nov. 1. The administration says its Dec. 31 deadline is soon enough. But, considering the project's vast economic and energy benefits, here's a better question: Why wait any longer than necessary?

Why wait on jobs - 20,000 U.S. jobs during the 1,700-mile pipeline's construction phase alone? Why unnecessarily delay, by even a week, a $13 billion project the Canadian Energy Research Institute (CERI) says will help fully utilize Canada's oil sands - projected to support 600,000 new U.S. jobs by 2035 and more than $775 billion (Canadian dollars) in GDP from 2010 to 2035?

At the same time, why wait on bringing more oil from our No. 1 foreign supplier? Why unn... more »

Here's what we're reading today:

• House sets deadline for Keystone XL pipeline approval
• Association head bullish on U.S. refining
• Hydraulic fracturing debate shifting to New York
• Monterey shale play in California could boost state's oil production
• Chevron, NASA form deepwater technology partnership
• Editorial: West Virginia should welcome shale development

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Here's what we're reading today:

• Tale of two shale gas states
• Op-ed: Developing Marcellus will benefit New York for decades
• Creating 190,000 new jobs, without government spending
• Regulatory delays threaten Keystone XL pipeline project
• Blog: Higher energy taxes would actually reduce government revenues
• Oil and gas leading Texas job surge

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The debt ceiling debate drones on, the economy remains stuck and overseas, Greece is practically in default. Anyone else out there starving for some good economic news?

How about this: America's oil and natural gas companies continue showing strength despite a weak economy. That means well-paying jobs, revenues to governments and investment growth for millions of Americans - all combining for an economic contribution that challenges Washington's idea of stimulus.

Call it the energy stimulus: $476 billion in direct support to the economy in 2010 - roughly equal to 60 percent of the 2009 federal stimulus (which actually is being dispensed to the economy over a number of years). It's a stimulus that didn't need an act of Congress and which, with the right policies, can be repeated over and ov... more »

Here's what we're reading today:

• State Department to release final Keystone XL environmental statement next month
• National security case for shale gas
• New Mexico seeing record revenues from oil drilling
• Political, jobs implications in EPA's proposed new ozone standard (subscription required)
• Study: More Gulf drilling permits equals more jobs
• Editorial: Wedding of demand and technology

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