Joe Biden News Updates

Government, Fuel

Biden Calls OPEC+ Cut ‘Unnecessary,’ Signals New US Releases

President Joe Biden called plans by OPEC+ to cut output targets by 2 million barrels a day “unnecessary,†and the White House said more releases from U.S. petroleum reserves are possible.

October 5, 2022
Government, Business, Technology, Fuel

Biden Touts EVs at Detroit Auto Show

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, 2022
Business, Technology, Equipment

Biden Touts Chips Law at Intel Site in Midterm Battleground Ohio

President Joe Biden attended the groundbreaking of Intel Corp.’s new semiconductor manufacturing facility outside Columbus, Ohio, touting one of his legislative wins in a crucial midterm state.

September 9, 2022
Government, Business, Technology, Equipment, TCA

Biden to Tour Detroit Auto Show

WASHINGTON — The White House said President Joe Biden will tour the Detroit Auto Show next week — his first return to the show since 2017.

September 7, 2022
Government, Business

Biden Signs Massive Climate and Health Care Legislation

WASHINGTON — President Joe Biden signed Democrats’ landmark climate change and health care bill into law Aug. 16, delivering what he has called the “final piece†of his pared-down domestic agenda.

August 16, 2022
Government, Business, Technology

Biden Signs $280 Billion CHIPS Act in Bid to Boost US Over China

President Joe Biden enacted into law legislation designed to enhance domestic semiconductor manufacturing and alleviate supply chain bottlenecks.

August 9, 2022
Government, Business, Logistics

Biden Blocks Freight Rail Strike, Appoints Arbitrators

OMAHA, Neb. — President Joe Biden on July 15 blocked a freight railroad strike that would disrupt shipments of all kinds of goods for at least 60 days by naming a board of arbitrators to intervene in the contract dispute.

July 15, 2022
Government, Business, Fuel

Gas Tax Holiday Would Increase Prices, Hess CEO Says

President Joe Biden’s plan to suspend the federal gasoline tax would only make things worse for U.S. drivers, one industry CEO said ahead of a meeting in Washington between oil executives and administration officials.

June 23, 2022
Government, Business, Fuel

Biden Says Decision on Gas Tax Holiday May Come This Week

REHOBOTH BEACH, Del. — President Joe Biden said June 20 that he will decide by the end of the week whether he would support a federal gasoline tax holiday, possibly saving U.S. consumers as much as 18.4 cents a gallon.

June 20, 2022
Government, Business, Fuel

Biden Tells US Oil Refiners Record Profits ‘Not Acceptable’

President Joe Biden told U.S. oil refiners that unprecedented profit margins are unacceptable and called for “immediate action†to improve capacity as the soaring price of gasoline feeds record inflation and fears of a recession.

June 15, 2022