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Photo: Doug Mills-Pool/Getty Images

The first White House coronavirus policy response aimed specifically at the reeling U.S. oil sector may not be a sure thing to occur as President Trump envisions.

What's happening: Late Friday afternoon Trump said the U.S. would purchase enough crude oil to fill the Strategic Petroleum Reserve "right up to the top," which would ultimately be a $2.6 billion purchase if oil remained at Friday's prices.

  • That would involve a plan to purchase 78 million barrels, given that the reserve has a capacity of 713.5 million barrels and currently holds around 635 million.

Where it stands: The Energy Department said Friday it would "immediately initiate an expedited process" to begin purchasing oil.

But, but, but: The research firm ClearView Energy Partners notes that "funding remains unclear" and sees "political headwinds" in Congress to appropriating new money.

  • However, their weekend note added that the administration could gain congressional permission to reallocate existing funds for some of the purchases. S&P Global Platts has more on that here.

What they're saying: Oil analyst Bob McNally, president of Rapidan Energy Group, tells the Washington Post that buying oil at low prices for the stockpile is a good idea.

  • McNally, a former energy official in the President George W. Bush era, notes that "our economy remains vulnerable to supply disruptions anywhere in the world."

Go deeper: Trump to buy oil for nation’s strategic reserves

Go deeper

Senate Democrats join Biden to pivot Build Back Better strategy

Illustration: Shoshana Gordon/Axios

A growing number of Senate Democrats are urging their colleagues to begin paring back the $1.75 trillion Build Back Better agenda to salvage what they can, abandoning hopes of the transformational to achieve the possible.

Why it matters: Democrats are desperate to notch a win. President Biden's popularity is sagging in the polls, the pandemic is raging and the party's record of passing crucial legislation has been muddled. Biden himself conceded during his news conference Wednesday that passing the parts was more likely than getting the whole.

Scoop: White House eyes vaccine mandate for migrants

A migrant receives a COVID-19 vaccination in Mexico before continuing to the U.S. border. Photo: Luis Barron/Eyepix Group/Future Publishing via Getty Images

The White House is considering requiring migrants aged 5 and older to receive a coronavirus vaccination as a condition for crossing the U.S.-Mexico border to await court hearings, Axios has learned.

Why it matters: The Biden administration has been offering the COVID-19 vaccine to people in immigration detention centers or shelters but hasn't yet offered it to other migrants who've crossed the border — much less required it.

Updated 1 hour ago - Politics & Policy

Omicron dashboard

Illustration: Brendan Lynch/Axios

  1. Health: The end of the Omicron wave is in sight — Transplants rebound from COVID lull — Omicron hits American hospitals disproportionately hard
  2. Vaccines: WHO: No evidence that healthy children, teens need boosters — Kids' COVID vaccination rates are particularly low in rural America — Starbucks drops worker vaccine or test requirement after SCOTUS ruling
  3. Politics: Biden concedes U.S. should have done more testing — Arizona says it "will not be intimidated" by Biden on anti-mask school policies— Government website for free COVID tests launches early
  4. World: WHO: COVID health emergency could end this year — Greece imposes vaccine mandate for people 60 and older
  5. Variant tracker