Biden Administration Buys Nearly 5 Million Barrels of Oil
The Biden administration announced July 29 it has purchased 4.65 million barrels of crude oil for the nation’s emergency cache as it continues refilling the depleted reserve.
July 29, 2024Harris Sticking With ‘Build Back Better’ Agenda for Campaign
Vice President Kamala Harris has committed to continue pursuing policies the current administration initiated three years ago should she win the November presidential election.
Biden Faces Frustration From US Farmers Over Biofuel Policy
President Joe Biden’s re-election campaign has had a tough week. Lingering in the background is a boom he touted for American farmers that hasn’t panned out.
July 12, 2024Biden Provides $504 Million to Support 12 Technology Hubs
WASHINGTON — The Biden administration said July 2 that it was providing $504 million in implementation grants for a dozen technology hubs nationwide.
Buttigieg Promotes Infrastructure Law During Election Year
Transportation Secretary Pete Buttigieg has been pointing to the benefits linked to the Infrastructure Investment and Jobs Act, which President Joe Biden touts as a signature achievement.
Real-World Mileage Standard for New Vehicles Rising
WASHINGTON — New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules.
US Puts Its 1 Million-Barrel Gasoline Reserve Up for Sale
The Biden administration is putting its cache of 1 million barrels of gasoline on the market, after being ordered to liquidate the reserve by Congress.
Biden Hikes Tariffs on Chinese Electric Vehicles
WASHINGTON — The Biden administration announced plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment.
May 14, 2024Biden Makes $11 Billion Push to Beat China at Chip Research
The Biden administration is trying to turn cutting-edge semiconductor research into a more enticing field for Americans.
Macquarie: Biden Likely to Tap Oil Reserve for Summer Demand
The Biden administration will likely need to tap oil from the country’s emergency reserves to counter a spike in gasoline prices and amid inflation fears during the summer driving season.