/ In this Feb. 1, 2012, file photo, miles of pipe ready to become part of the Keystone Pipeline are stacked in a field near Ripley, Okla. Trade groups representing the oil and gas industry say revoking a key permit needed for cross-border construction of the pipeline will cost jobs. Plus: ExxonMobil is accused of over-valuing a key asset in the Permian Basin. As expected, Houston's oil and gas industry is adjusting to immediate changes in energy policy from the incoming Biden administration. Among those actions was revoking a key permit needed for the Keystone XL pipeline that would have sent oil from Alberta, Canada to the U.S. Gulf Coast.