Jan 31, 2018

U.S. oil production highest since 1970

Khorri Atkinson

Oil pumps in operation at an oilfield near central Los Angeles. Photo: MARK RALSTON/AFP/Getty Images

For the first time since 1970, U.S. crude oil production topped 10 million barrels a day in November, per CNBC, citing new government data released on Wednesday.

Why it matters: Unlike 48 years ago when an uptick was followed by a long decline, oil production is expected to grow in 2018, the report said. This comes as the Trump administration is seeking to vastly expand oil and natural gas drilling as part of an energy dominance agenda.

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Rebecca Falconer

Joe Biden places second in Nevada caucuses, ahead of Pete Buttigieg

Democratic presidential candidate and former Vice President Joe Biden a Nevada Caucus watch party in Las Vegas on Saturday. Photo: Ronda Churchill/AFP via Getty Images

Former Vice President Joe Biden secured second place in the Nevada Democratic caucuses with former Southbend Mayor Pete Buttigieg third, according to NBC News projections Sunday.

By the numbers: With almost 88% of precincts reporting, Biden has 20.9% of the Nevada votes and Buttigieg has 13.6%.

Flashback: Bernie Sanders wins Nevada caucuses

Editor's note: This is a developing news story. Please check back for updates.

Keep ReadingArrow47 mins ago - Politics & Policy
Rebecca Falconer

Sanders reveals free childcare plan for preschoolers

Democratic presidential candidate Sen. Bernie Sanders speaks during a campaign rally on Saturday in El Paso, Texas. Photo: Cengiz Yar/Getty Images

Democratic presidential candidate Sen. Bernie Sanders announced on CBS' "60 Minutes" Sunday a new plan to guarantee free child care and pre-kindergarten to all American children from infancy to age four.

Details: In the wide-ranging interview, Sanders told Anderson Cooper he planned to pay for universal childcare with a wealth tax. "It's taxes on billionaires," he said.

Go deeperArrow2 hours ago - Politics & Policy
Jonathan Swan

Exclusive: Trump's "Deep State" hit list

Illustration: Aïda Amer/Axios. Photos: WPA Pool/Getty Pool, Drew Angerer/Getty Staff

The Trump White House and its allies, over the past 18 months, assembled detailed lists of disloyal government officials to oust — and trusted pro-Trump people to replace them — according to more than a dozen sources familiar with the effort who spoke to Axios.

Driving the news: By the time President Trump instructed his 29-year-old former body man and new head of presidential personnel to rid his government of anti-Trump officials, he'd gathered reams of material to support his suspicions.

Go deeperArrow4 hours ago - Politics & Policy