Data: Brunswick Group survey, margin of error ±3 percentage points; Chart: Axios Visuals

A new Brunswick Group survey finds a largely supportive public view of the oil-and-gas sector but also backing for attaching strings — including environmental restrictions — to potential federal aid.

What they found: As the chart above shows, most adults surveyed believe the industry has a mostly or somewhat positive effect on the U.S. economy.

  • Support among Republicans is higher, but the survey conducted in late March showed a majority of Democrats in the "mostly" or "somewhat" positive camp too.
  • Over half the public (53%) supports providing some form of financial assistance, including nearly two-thirds of Republicans and slightly less half of Democrats.

But, but, but: 63% of respondents agree that financial assistance should be tethered to commitments to reduce pollution and invest more in "cleaner forms of energy."

The big picture: The polling comes as the industry, especially independent companies, face intense financial headwinds thanks to the collapse in demand and prices.

  • It largely stems from COVID-19, while the Saudi-Russia price war has compounded the challenges.

Threat level: Whiting Petroleum's Chapter 11 filing this week is just the first of a large wave of bankruptcies in the debt-laden U.S. sector if low prices persist, the consultancy Rystad Energy said Friday.

  • Rystad estimates that 70 producers will have trouble meeting interest payments with WTI prices at $30-per-barrel, and at $20-per-barrel, Chapter 11 filings could reach 140 this year. WTI is currently at roughly $27.43.
Data: Brunswick Group survey, margin of error ±3 percentage points; Chart: Axios Visuals

The same Brunswick Group survey shows varying levels of support for potential forms of aid for the distressed industry.

What they found: Few back the idea of easing environmental regulations. There's more support for federal crude purchases.

  • But the recent Capitol Hill economic stabilization bill omitted $3 billion the White House is seeking to buy 77 million barrels for the Strategic Petroleum Reserve.

What we're watching: Today's White House meeting with oil producers and what potential steps the administration could take. 

  • Reuters writes that the "administration may offer ways to help the industry weather the crisis, including waiving royalty payments drillers must pay for oil produced on federal lands, or imposing an import tariff on foreign crude oil."
  • But, as Axios and others have reported, the industry is not unified on policy goals.

Go deeper: Fueled by coronavirus, global oil demand set to drop record amount

Go deeper

Updated 3 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 12:30 a.m. ET: 30,929,163 — Total deaths: 957,316— Total recoveries: 21,159,457Map.
  2. U.S.: Total confirmed cases as of 12:30 a.m. ET: 6,799,266 — Total deaths: 199,474 — Total recoveries: 2,590,671 — Total tests: 95,108,559Map.
  3. Politics: Testing czar on Trump's CDC contradictions: "Everybody is right" Ex-FDA chief: Career scientists won't be "easily cowed" by political vaccine pressure.
  4. Education: What we overlooked in the switch to remote learning.
  5. Health: The dwindling chances of eliminating COVID-19 — 7 states set single-day coronavirus case records last week.
  6. World: England sets £10,000 fine for breaking self-isolation rules — The countries painting their pandemic recoveries green.

Biden raises $141 million more than Trump

Democratic presidential nominee Joe Biden speaks during a September campaign event in Wilmington, Delaware. Photo: Alex Wong/Getty Images

Joe Biden's campaign, the Democratic National Committee and joint fundraising committees raised $466 million cash on hand, the presidential candidate's team announced late Sunday.

Why it matters: President Trump's campaign raised $325 million, his campaign communications director Tim Murtaugh announced Friday. In the spring, Biden was $187 million behind Trump and the Republican National Committee.

Virtual Emmys address chaotic year for American TV and society

Emmy Host Jimmy Kimmel during rehearsals Friday for the 72nd Annual Emmy Awards at the Staples Center in Los Angeles. Photo: Al Seib/ Los Angeles Times via Getty Images

The Emmy Awards Sunday night addressed the major U.S. issues this year — including the protests on systemic racism and police brutality, the wildfires engulfing parts of the West Coast, the census, the pandemic, essential works and the election.

Why it matters: Award shows have always addressed wider cultural issues, but this year — amid unprecedented stress and uncertainty — that trend has accelerated.