Trump administration officials are divided over legislation that would allow the federal government to sue OPEC nations for attempting to control oil prices, Axios has learned.
Driving the news: The bipartisan measure, which has been introduced many times over the last 20 years, finally has a shot at becoming law — which experts say would upend global oil markets. President Trump has long been critical of the oil-producing group, and years earlier he backed the bill in question, but division is rampant elsewhere across the government, according to several people familiar with the dynamic.
The Department of Agriculture and the FDA reached a "formal agreement" on Thursday to regulate cell-cultured meat grown in lab settings, the AP reports.
Why it matters: If cell-cultured meat companies want to use their products to eliminate animal cruelty in factories, feed a growing population and combat climate change — as they keep claiming it can — they need consumers to be able to trust their food, which can only happen if it's regulated like any other food product.
There wasn't a single question about global warming in the 2016 presidential debates. In 2020, it might be the dominant one.
The big picture: Climate change is on everyone's minds in a way that it wasn't in 2016. The worst thing to be as a Democratic presidential candidate, according to some youth environmental activists, is a "climate delayer" — someone who doesn't recognize the urgency in addressing climate change.
Rising U.S. exports of crude oil and petroleum products (like gasoline) combined are poised to overtake Saudi Arabia's by the end of the year, Rystad Energy predicts in a new analysis.
Why it matters: It's a testament to how the U.S. oil boom is increasingly affecting global trade. And it's just symbolically interesting.
