Jan 3, 2018

Hatch: Romney would "have my support" if he runs

Photo: Cliff Owen / AP

Outgoing Utah Republican Sen. Orrin Hatch on Wednesday said said he would support Mitt Romney if he decides to run for his Senate seat. On Utah's Morning News radio program, Hatch said:

"We haven't spoken in the last few days, but if Mitt decides to run, he knows he'll have my support."

Why it matters: Hatch's retirement, and his support, make it likely that Romney will be in the Senate as of January, 2019 — an outcome President Trump is reportedly far from enthusiastic about.

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Scoop: Amazon's local podcast play

Illustration: Sarah Grillo/Axios

Amazon is looking to invest in localized podcast content, like news and sports, sources tell Axios. Sports content is top of mind as the company plans to buy up more TV rights and have adjacent audio content for users.

Why it matters: Amazon sees a strategic advantage in podcasts by leveraging Alexa voice tech to help users discover personalized content.

The oil stakes of Trump vs. Biden

Reproduced from Rapidan Energy Group; Chart: Axios Visuals

U.S. oil production is in a steep decline, but one question is how much November's elections will affect how much it does — or doesn't — bounce back.

Why it matters: The powerful price and demand headwinds from the coronavirus pandemic are creating a financial crisis in the oil patch.

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