Joe Biden News Updates

GovernmentBusinessFuel

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, 2024
GovernmentBusinessSafetyLogistics

Harris 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.

July 25, 2024
GovernmentBusinessFuel

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, 2024
GovernmentBusinessTechnology

Biden 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.

July 2, 2024
GovernmentSafety

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.

June 20, 2024
GovernmentBusinessFuel

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.

June 7, 2024
GovernmentBusinessFuel

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.

May 21, 2024
GovernmentBusinessTechnology

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, 2024
GovernmentBusinessTechnology

Biden 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.

April 24, 2024
GovernmentBusinessFuel

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.

April 15, 2024