President Obama has delayed making a decision on whether to approve construction of the northern leg of the proposed Keystone XL pipeline for nearly six years.

Meanwhile, the recently completed southern leg of the pipeline, which connects the huge pipeline storage hub in Cushing, Okla., with Gulf Coast refineries in Texas and Louisiana, has pumped billions of dollars into the regional economy.

That flow of investment has also sparked creation of thousands of new jobs, especially in Oklahoma and Texas, according to an economic impact study.

Wide and deep

The study by the Consumer Energy Alliance found completion of the southern leg of Keystone involved:

• $2.3 billion in private-sector investment.

• Six modern pump stations.

• More than 11 million hours of labor completed by 4,844 workers in the United States of America -- heavy equipment operators, welders, laborers, transportation operators and supervisory personnel (including environment, safety and quality control inspectors).

• More than 50 contracts with U.S. manufacturers and companies building the pipeline and equipment in locations that include: Arkansas, California, Georgia, Indiana, Kansas, Louisiana, Maryland, Michigan, Minnesota, Missouri, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina and Texas.

• The manufacturing of more than 485 miles of high-strength, advanced oil pipeline (36-inch diameter); hundreds of large valves; thousands of fittings; thousands of pieces of equipment used to build transformers, meters, electric motors, cabling and electrical equipment; and piping assembling and structural steel for supports.

• About 2.25 million barrels of new oil storage capacity at Cushing, Okla.

Beaucoup bucks

An estimated $5.7 billion was pumped into the Oklahoma ($2.1 billion) and Texas ($3.6 billion) economies by the construction, according to the study.

That included significant spending in 24 counties in the two states that are considered low-income areas, as well as some $72 million in new tax revenues.

"Building the northern leg of the Keystone XL pipeline can do the same for the northern states if only the president would approve the permit which he has delayed for almost 6 years for political reasons," the Institute for Energy Research said.

On today's

Editorial: Sarah Palin's impeachment nonsense will keep Democrats in control of the Senate.

Watchdog/Mark Flatten: Federal judge orders IRS to swear that it can't recover Lerner emails.

Watchdog/Kelly Cohen: How much time did a key Obama official spend investigating IRS scandal?

Columnists/Philip Klein: Brace for the next round of Obamacare premium rate shock.

Columnists/Shikha Dalmia: Don't let nativism cloud the immigration debate.

Columnists/Cal Thomas: Chicago, a town that won't let you down.

OpEds/Manhattan Moment: Need an MRI? Get it in Mexico.

Beltway Confidential/Spencer Brown: Bridenstine says he'll abide by HHS restrictions like Obama does the law -- as suggestions.

PennAve/Susan Crabtree: Obama White House stands by claim border is stronger than ever.

Video/Morning Examiner: Morning Examiner with Steve Doty.

In other news

The Washington Post: General Dynamics didn't bid on this $10 billion contract, but that doesn't mean it is bowing out of the competition.

The Los Angeles Times: Ukrainian troops repel attack at Donetsk airport.

CBS News: Deal may be in the works on Obama's $3.7 billion border crisis bill.

Righty Playbook

The American Conservative: Outraged by espionage.

The American Thinker: Barack's Bull Run?

The American Spectator: TeePee populism.

Bonus must-read

The Federalist: Don't fall for these six myths about monogamy.

Lefty Playbook

The Daily Beast: The deported L.A. gangs behind the border crisis in Texas.

The Populist: Leaked memo on fracked gas.

The American Prospect: Can "reformicons" save the GOP?

Bonus must-read

Mother Jones: Why the suspected Texas shooter's domestic violence record didn't keep him from owning guns.

Blog Right

Powerline: Obama continues to give ISIS a free pass.

Hit & Run: First mom arrested under Tennessee's new anti-drug law.

Bearing Drift: Warner goes negative and it's only July.

Blog Left

Talking Points Memo: True the Vote seeks restraining order against Mississippi GOP.

Fire Dog Lake: Blessed are the poor.

Talk Left: DOJ's border crisis solution is throwing money in the wind.