Big energy's surprise warning: Trump, slow down deregulation
The energy industry wants to make sure President Trump doesn't get too carried away repealing too many regulations.
Several of Washington's top fossil-fuel lobbyists and lawyers held at least three post-election meetings around a tricky topic: ensuring Trump's bombastic campaign rhetoric about killing Obama-era regulations doesn't end up backfiring when put into practice. Similar discussions are ongoing across the energy industry.
Why this matters: The most conservative wing of the Republican Party, including many of the people and interest groups that helped elect Trump, want a wholesale rollback of virtually everything Obama has done on energy and environment issues over the last eight years. Ironically, it's the regulated industries proving to be a countervailing influence against the GOP's most conservative ranks.