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Sen. Dan Sullivan (R- Alaska) is hosting a meeting with Saudi leaders. Photo: Michael Brochstein/SOPA Images/LightRocket via Getty Images

A group of Republican senators is slated to meet with the Saudi ambassador to the U.S. tomorrow to make the case that the kingdom should back off plans to flood the market with low-price crude.

Driving the news: The meeting hosted by Alaska Sen. Dan Sullivan follows an open letter to Saudi leaders from 13 senators, mostly from oil-producing states, which says "unsettled" energy markets are "unwelcome" amid the COVID-19 crisis.

We urge the Kingdom to assert constructive leadership in stabilizing the world economy by calming economic anxiety in the oil and gas sector at a time when countries around the world are addressing the pandemic.

Quick take: The long-shot effort to prod the Saudis into reconsidering their posture underscores the limits of White House claims of U.S. "energy dominance."

  • While the U.S. has become the world's largest crude oil producer, it remains deeply tethered to global markets.
  • The price collapse is hitting U.S. producers hard, with a suite of companies already announcing steep cuts in planned spending.

Go deeper: Coronavirus could lead to a wave of defaults for oil companies

Go deeper

Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — U.S. tops 88,000 COVID-19 cases, setting new single-day record.
  2. Politics: States beg for Warp Speed billions.
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases.
  4. 🎧Podcast: The vaccine race turns toward nationalism.

Technical glitch in Facebook's ad tools creates political firestorm

Facebook CEO Mark Zuckerberg. Photo: SOPA Images / Contributor

Facebook said late Thursday that a mix of "technical problems" and confusion among advertisers around its new political ad ban rules caused issues affecting ad campaigns of both parties.

Why it matters: A report out Thursday morning suggested the ad tools were causing campaign ads, even those that adhered to Facebook's new rules, to be paused. Very quickly, political campaigners began asserting the tech giant was enforcing policies in a way that was biased against their campaigns.

5 hours ago - Health

States beg for Warp Speed billions

A COVID-19 drive-thru testing center yesterday at Hard Rock Stadium in Miami Gardens. Photo: David Santiago/Miami Herald via AP

Operation Warp Speed has an Achilles' heel: States need billions to distribute vaccines — and many say they don't have the cash.

Why it matters: The first emergency use authorization could come as soon as next month, but vaccines require funding for workers, shipping and handling, and for reserving spaces for vaccination sites.