"Oil Cut Deal Faces Multiple Challenges"
"Oil prices have rallied from their recent lows in anticipation of an agreement being reached this week on massive production cuts to offset the collapse in demand caused by the coronavirus pandemic."
"Oil prices have rallied from their recent lows in anticipation of an agreement being reached this week on massive production cuts to offset the collapse in demand caused by the coronavirus pandemic."
"Some local officials are disappointed the federal government will end funding for coronavirus testing sites this Friday. In a few places those sites will close as a result. This as criticism continues that not enough testing is available."
"At a White House briefing March 19, President Donald Trump said, “Nobody knew there’d be a pandemic or an epidemic of this proportion.” But that’s simply not the case."
"More than half the National Park Service’s unit remain open but local police and health officials are urging people to stay away".
"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."
"The Interior Department on Friday extended the appointment of William Perry Pendley to lead the Bureau of Land Management in an acting capacity until May 5."
"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."