Trump Open to Opening More of Atlantic, Arctic to Drilling

The White House has sent signals that it could open up more of the Atlantic and Arctic Oceans to oil exploration, which would reverse prior Obama administration policy prohibiting petroleum drilling in those areas. The Interior Department is also exploring opportunities to allow more drilling off the coast of most of the US mainland.

These steps comes as Trump aims to make the US a greater player in the world oil market, though the possible expansion in supply comes at a time when oil prices are at a low point. Additional increases in supply could translate into reduced costs in the rest of the economy, but greater losses for many oil producers.

British Exit Polling Threatens Hung Parliament, Results Begin to Come In

The snap general election in the UK called by Conservative Prime Minister Theresa May back in April aimed to expand the Conservative majority in the British Parliament as the government heads into discussions with the European Union to begin Brexit negotiations. Her goal of a larger Conservative presence in Parliament does not seem to have been met, however, based on early returns and exit polling and predictions.

An exit poll released shortly after polls closed at 10 PM local time indicated that Conservatives would fall just short of a majority in Parliament, with 314 seats (out of 326 needed for a majority) with the Labour Party coming in second with 266. It predicted a sharp decline for the UK Independence Party (UKIP), with slight gains for the Liberal Democrats and a decline for the Scottish National Party (SNP).

If no party gains a majority, a party would be forced to form a coalition with smaller parties. The Liberal Democrats, who formed a coalition government with the Conservatives from 2010-2015, have sworn off such a solution involving them. The SNP has said it would join with Labour to form a coalition government should it be possible. The Conservatives can rely on two small center-right parties to create a coalition.

Results can be followed here. As of 2:48 local time, Conservatives have gained 6 seats, Labour 9. 

Trump Selects Neil Gorsuch for Supreme Court

President Trump announced his selection for the Supreme Court seat left vacant by the late Justice Antonin Scalia last year, with Neil Gorsuch of the Tenth Circuit Court of Appeals as his pick. Trump said of Gorsuch at the announcement address, "The qualifications of Judge Gorsuch are beyond dispute. He is the man of our country and a man who our country really needs and needs badly to ensure the rule of law and the rule of justice."

Gorsuch has served on the Tenth Circuit Appeal Court since 2006, where he was nominated by President George W. Bush and confirmed by voice vote. A native of Denver, Colorado, he is the son of  Anne Gorsuch Burford, Environmental Protection Agency head under Reagan. He received his undergraduate degree from Columbia University, where he founded The Fed, a satirical newspaper, along with Andrew Levy, now a Fox News personality. He graduated from Harvard Law School and received a degree from the University of Oxford as a Marshall Scholar.

Calling Scalia a "lion of the law" at the announcement, Gorsuch is known for his advocacy an originalist, textualist approach in interpreting the Constitution, similar to that of Scalia. Gorsuch will likely most often side with the conservative side of the court should he be confirmed, giving the court a 5-4 conservative majority, with Associate Justice Anthony Kennedy (for whom Gorsuch had once clerked) as the swing vote.

Democrats have begun to announce their opposition to Gorsuch, many angered that Obama's nominee, Merrick Garland, received no hearing or vote by the Republican Senate. Sen. Jeff Merkely (D-OR) released a press statement, saying, "This is a stolen seat being filled by an illegitimate and extreme nominee (Gorsuch), and I will do everything in my power to stand up against this assault on the Court.”

If more Democrats feel the same way, it could set a lengthy, tense confirmation battle in the weeks ahead.