Former President Obama warned during a recent appearance in Europe that nationalistic forces rising around the world will spark "greater and greater conflict and greater and greater clashes between peoples."
What he's saying: Obama said that "nationalism, nativism, xenophobia, anti-immigration [sentiments] ... are dangerous traits."
Texas is generally big in all things energy (including wind, where it is top in the nation), but the Dallas Fed has an interesting note about why the state is a lagging in rooftop solar deployment.
The big picture: "Solar energy, while experiencing robust growth in recent years, still only provides 0.5 percent of Texas’ total electricity generation, with residential solar supplying a meager 0.1 percent of total generation."
Global oil prices plunged on Friday, erasing a week of gains after the U.S. said on Monday it would no longer issue waivers for Iranian oil imports. The administration's decision is likely to keep jostling oil markets as the waiver deadline approaches.
The big picture: The U.S. allowed 8 countries to buy Iranian crude and condensate over the past 6 months. The State Department has declined to address whether it will allow a “wind down” period for purchases beyond the May 2 deadline, after which importers would be immediately exposed to sanctions.
The White House said on Friday it will allow its former personnel security director Carl Kline to give limited testimony to the House Oversight Committee on May 1, Politico reports.
Why it matters: White House acting chief of staff Mick Mulvaney instructed Kline not to testify for his original April 23 subpoena date, as the House committee continues its investigation into the White House security clearance process. House Oversight Committee Chairman Elijah Cummings moved to hold Kline in contempt after he failed to appear for his deposition.
