"Oil faces a critical week as Saudi Arabia, Russia and other global producers work frantically to secure a deal aimed at stemming the crash in oil prices. The former partners-in-cuts traded barbs over the weekend over who’s to blame for crude’s crash, which led to a virtual meeting being re-scheduled for April 9."
"President Donald Trump has upended the panel of federal watchdogs overseeing implementation of the $2 trillion coronavirus law, tapping a replacement for the Pentagon official who was supposed to lead the effort."
"President Trump, who met last week at the White House with oil company executives and lawmakers, said over the weekend he'd wield tariffs if needed to protect the oil industry, which is reeling from a global glut in supply."
"EPA Administrator Andrew Wheeler is rejecting a call by top House Democrats to formally scrap an opinion from the agency's top lawyer that limits the authority of an in-house watchdog."
"Senate Energy and Natural Resources Chairwoman Lisa Murkowski (R-Alaska) sent a letter to Treasury Secretary Steven Mnuchin asking him to ensure that U.S. oil and gas companies can get federal loans provided for businesses in the coronavirus stimulus package."
"A law firm that previously employed President Donald Trump’s interior secretary has, for several years, represented Saudi Arabia, the petroleum-rich nation that recently launched an oil price war that could bankrupt U.S. fossil fuel producers."
"After the first alarms sounded in early January that an outbreak of a novel coronavirus in China might ignite a global pandemic, the Trump administration squandered nearly two months that could have been used to bolster the federal stockpile of critically needed medical supplies and equipment."
"The Trump administration has directed all agency rulemaking activities to continue despite growing calls from lawmakers, state attorneys general, and regulated entities to postpone consideration of any rule that doesn’t address the novel coronavirus pandemic."
"In less than a week, the federal Environmental Protection Agency (EPA) announced two policy changes that could have far-reaching consequences for the air above Massachusetts."
"The White House is inviting the country's top oil executives to a meeting tomorrow [Friday] about the oil crisis as a wave of layoffs, spending cuts and bankruptcies send shock waves through the industry."
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