Companies in 12 states are receiving $2.8 billion in federal awards to strengthen domestic production of electric vehicle batteries and grid components, part of President Joe Biden’s agenda to boost U.S. manufacturing and accelerate clean energy initiatives.
October 23, 2022Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Biden Says More Oil Releases Possible to Cut Gas Prices
President Joe Biden announced the drawdown of an additional 15 million barrels of oil from U.S. emergency reserves, as well as what he called a “ready and release plan” aimed at driving down gasoline prices.
October 19, 2022White House to Tap Oil Reserve Again Amid High Fuel Prices
The Biden administration is moving toward a release of at least another 10 million to 15 million barrels of oil from the nation’s emergency stockpile in a bid to balance markets and keep gasoline prices from climbing further.
October 18, 2022Diesel Up 11.5¢ to $5.339 a Gallon
The national average price of diesel climbed 11.5 cents to $5.339 a gallon, marking the second straight double-digit increase after five straight weeks of declines, according to Energy Information Administration data released Oct 17.
October 17, 2022California Forms Statewide Alliance to Apply for Federal Hydrogen Grants
California Gov. Gavin Newsom has established a broad statewide alliance to apply for a stake of $7 billion in federal grants earmarked for national hydrogen hubs rather than forming regional partnerships with other governors.
October 17, 2022Nikola Founder Trevor Milton Guilty of Defrauding Investors
Nikola Corp. founder Trevor Milton was convicted of fraud Oct. 14 for misleading investors in the electric truck company.
October 14, 2022CVSA Announces Results of Hazardous Materials, Dangerous Goods Blitz
A five-day unannounced hazardous materials and dangerous goods inspection special enforcement effort in June netted 1,774 violations in the United States and Canada, the Commercial Vehicle Safety Alliance reported Oct. 12.
October 14, 2022Critical of Biden, Congressional Republicans Pursue Energy Initiatives
Senate Republicans critical of President Joe Biden’s policies and prices at the pump are pressing the administration on economic relief and to focus on domestic oil and gas production.
October 13, 2022Saudis Say US Sought One-Month Delay of OPEC+ Production Cuts
DUBAI, United Arab Emirates — Saudi Arabia said Oct. 13 that the U.S. had urged the kingdom to postpone a decision by OPEC and its allies — including Russia — to cut oil production by a month.
October 13, 2022California Strengthens Alliances for Transportation Electrification
The governor of California is strengthening a clear energy partnership with two neighboring states and British Columbia.
October 11, 2022