DETROIT — President Joe Biden, a gearhead with his own vintage Corvette, is showcasing his administration’s efforts to promote electric vehicles during a visit Sept. 14 to the Detroit auto show.
September 14, 2022Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Biden Issues Offshore Drilling Rights Under Climate Mandate
The Biden administration on Sept. 14 issued oil and natural gas leases to companies that nabbed the Gulf of Mexico drilling rights in a government auction later invalidated by a federal court.
September 14, 2022Biden 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, 2022US 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, 2022Diesel 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, 2022Pennsylvania 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, 2022Biden 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, 2022Oil 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, 2022Nikola 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, 2022California Blackout Risk Spurs Diesel Demand for Generators
Diesel demand in California is soaring as the risk of blackouts in the state spurs big power users to load up on fuel for generators.
September 7, 2022