Mar 30, 2018

Major oil companies flock to Brazil's offshore auction

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Per the New York Times, "Exxon Mobil and other oil companies opened their wallets at an offshore oil auction in Brazil on Thursday in a sign that the industry was stepping back into the deepwater drilling business."

One reason it matters: The auction comes just a week after a big Interior Department lease sale in the Gulf of Mexico brought in just $125 million in total winning bids.

  • The contrast shows how, despite the Interior Department's promotion of drilling on U.S. public lands and waters, companies have a wealth of other attractive options like offshore Brazil and onshore shale plays that are largely on state and private lands in Texas and elsewhere.

What happened: The oil giant and its partners offered eight winning bids totaling 640,000 acres, including one bid of $848 million. BP, Shell and Chevron were among the other companies snapping up acreage, and Reuters reports that the sale netted Brazil's government $2.4 billion.

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Nikki Haley poaches top conservative from Heritage Action

Photo: John Lamparski/Getty Images

Nikki Haley has hired Tim Chapman, the head of Heritage Action, to run her conservative policy group Stand For America, according to two sources with direct knowledge of the hire. Haley and Chapman confirmed the hire, which was first reported by RealClearPolitics' Philip Wegmann.

Why it matters: Chapman is among the most influential conservative policy leaders in the country. His hire is Haley's highest-profile outside recruitment since leaving her job as UN ambassador under President Trump.

Situational awareness

Photo: Scott Olson/Getty Images

Catch up on today's biggest news:

  1. Warren supporters form super PAC
  2. We may be on "the brink" of coronavirus pandemic
  3. Pentagon policy chief resigns
  4. National polls show Bernie in control ahead of Nevada
  5. How a Chinese think tank rates all 50 U.S. governors
  6. Sanders and Bloomberg battle over heart health

Trump has declared war on sanctuary cities

Illustration: Sarah Grillo/Axios

Armed with subpoenas, lawsuits and immigration SWAT teams, the Trump administration has declared war on sanctuary cities.

The big picture: President Trump and his administration have used every available tool to try to crack down on local governments that refuse to hold immigrants in criminal custody, block immigration agents from working in county jails or deny federal authorities access to immigrants' records.