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Biden Officials Weigh Buying Oil at Around $80 to Refill Reserves

The U.S. may begin refilling its emergency oil reserve when crude prices dip below $80 a barrel, according to people familiar with the matter.

September 13, 2022

US Inflation Falls for 2nd Straight Month on Lower Gas Costs

WASHINGTON — Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight month, though many other items rose in price, indicating that inflation remains a heavy burden for American households.

September 13, 2022

Diesel Drops 5.1¢ to $5.033 in Second Straight Decline

The national average price of diesel slid 5.1 cents to $5.033 a gallon, according to Energy Information Administration data released Sept. 12.

September 12, 2022

Hyliion Names Jon Panzer Chief Financial Officer

Hyliion Holdings Corp. announced Jon Panzer joined the company as chief financial officer.

September 12, 2022

Pennsylvania Turnpike Explores Electrified Road Services for EVs

The Pennsylvania Turnpike is jumping into solar energy production to power its maintenance and office buildings with a long-term goal: using solar-generated power to electrify portions of the toll road so electric vehicles can charge as they travel.

September 12, 2022

Biden to Boost Biomanufacturing to Compete with China

President Joe Biden is poised to sign an executive order Sept. 12 to help expand U.S. biomanufacturing and reduce reliance on China.

September 12, 2022

North Carolina Wins Wolfspeed Semiconductor Materials Plant

RALEIGH, N.C. — A North Carolina-based semiconductor company announced Sept. 9 it will build a $5 billion manufacturing plant in its home state to produce silicon carbide wafers, which is emerging as a favored part for renewable energy products and electric vehicles.

September 9, 2022

Hydrogen Rises as Alternative Fuel, but Check the Feedstock

Hydrogen is rising as an eventual clean alternative option for fueling trucks but the feedstock used to produce it — by steam methane reforming, using coal or with solar panel-generated electricity — affects its carbon impact.

September 8, 2022

Oil Reserves Could Be Tapped to Head Off Winter Crisis

Officials within President Joe Biden’s administration are hunting for ways to head off a feared spike in oil prices later this year, including the possibility of an additional release from the nation’s emergency crude reserves.

September 8, 2022

Nikola Wins Rulings Over Trevor Milton on Brink of Criminal Trial

Nikola Corp. won a court order preventing founder Trevor Milton from using certain company communications in his defense against criminal charges that he lied about the company’s products to mislead investors and prop up the stock.

September 8, 2022