Apr 8, 2019

Trump rolling out executive orders for energy companies

President Trump. Photo: than Miller/Getty Images

Trump will announce 2 executive orders in Houston on Wednesday to help energy companies "avoid unnecessary red tape" in order to speed up development of pipelines and other projects, a White House aide said.

Why it matters: While U.S. oil and natural gas production is already at record levels, companies have chafed at the regulatory process for some infrastructure projects, notably battles over gas pipelines in the Northeast.

But, but, but: There isn't enough information yet to know whether the orders will assert new powers that will speed up development. Executive orders range from consequential moves to more symbolic documents that signal a chief executive's priorities.

What's next: Trump will discuss the orders in remarks Wednesday at the International Union of Operating Engineers' training center in Houston.

What they're saying: The White House aide said the orders are aimed at expanding oil-and-gas production, spurring more private infrastructure investment, streamlining permitting, and "further reducing regulations."

  • The goal is to allowing the U.S. to "continue to be the undisputed global leader in crude oil and natural gas production for the foreseeable future."  
  • "American families and businesses in states with energy restrictions will be able to access affordable and reliable domestic energy resources," the aide said.

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NASCAR driver Ryan Newman hospitalized after fiery Daytona 500 crash

Ryan Newman, driver of the #6 Koch Industries Ford, crashes and flips during the NASCAR Cup Series 62nd Annual Daytona 500 at Daytona International Speedway in Daytona Beach, Florida, on Monday. Photo: Jared C. Tilton/Getty Images

Racing driver Ryan Newman was hospitalized in a serious condition with non-life threatening injuries after his car crashed at the Daytona 500 on Monday, NASCAR said in a statement.

The big picture: The 42-year-old was leading the final lap of the race, won by Denny Hamlin, when his car flipped in the fiery crash. President Trump tweeted after the crash, "Praying for Ryan Newman, a great and brave @NASCARdriver!"

Go deeper: Trump takes presidential limousine for lap at Daytona 500

Bolton indicates more Ukraine details if book prevails WH "censorship"

Former National Security Adviser John Bolton on stage at Duke University in Durham, North Carolina, on Monday. Photo: Melissa Sue Gerrits/Getty Images

Former National Security Adviser John Bolton said during a talk at Duke University in Durham, North Carolina he hopes his new book is "not suppressed" by the White House, according to journalists present in the room.

This is an effort to write history and I did it the best I can. We'll have to see what comes out of the censorship."
Bolton's comments, per Bloomberg and the New York Times

There are warning signs that Nevada could be Iowa all over again

Former Sen. Harry Reid (D) lines up to cast an early vote for the upcoming Nevada Democratic presidential caucus. Photo: Ethan Miller/Getty Images

The alarms are increasingly sounding over Nevada's Democratic caucus, which is just five days away.

Why it matters: Similar issues to the ones that plagued Iowa's caucus seem to be rearing their ugly heads, the WashPost reports.