EDITION: Thursday, March 22, 2012 -- 07:34 AM

1. KEYSTONE XL:

Obama, armed with new argument for pipeline segment, enters dicey phase in relationship with green allies

When President Obama arrives today in the oil hub of Cushing, Okla., his roller-coaster relationship with environmentalists is going to get a lot more complicated. After winning green hosannas two months ago for rejecting the Canada-to-U.S. pipeline known as Keystone XL, Obama plans to roll out an executive order aimed at fast-tracking that project's $2.3 billion southern leg. The move stands to drive a wedge among conservationists who had linked arms on the anti-XL campaign but now must choose between putting a positive spin on their disappointment with the president or blasting his new warmth toward the pipeline. Go to story #1

2. ENERGY POLICY:

Obama navigates fine line on energy tour

At a wind-swept oil field in New Mexico yesterday, President Obama walked a fine line between heaping praise on the oil companies whose rigs could be seen in a field behind the stage he was speaking from and calling for what amounts to a $4 billion tax hike on the oil industry. Such is the delicate minefield Obama maneuvered through on the first day of his "all of the above" energy tour. Go to story #2

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Ground Rules: Managing America's Oil & Gas Boom

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