President Joe Bidenās 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, 2022Joe Biden News Updates
Gas Tax Holiday Would Increase Prices, Hess CEO Says
Biden Says Decision on Gas Tax Holiday May Come This Week
REHOBOTH BEACH, Del. ā 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, 2022Biden Tells US Oil Refiners Record Profits āNot Acceptableā
President Joe Biden told U.S. oil refiners that unprecedented profit margins are unacceptable and called for āimmediate actionā to improve capacity as the soaring price of gasoline feeds record inflation and fears of a recession.
June 15, 2022Biden Will Allow Sale of Higher-Ethanol Gas in Bid to Tame Costs
President Joe Biden plans to allow expanded sales of higher-ethanol gasoline in an effort to lower fuel prices and counter the political blowback from them.
April 12, 2022At White House, Biden Touts Truckingās Workforce Program
WASHINGTON ā Standing alongside three Class 8 trucks parked outside the White House, President Joe Biden described a federal apprenticeship program designed to accelerate commercial driver license training as a ākey ingredientā to boosting recruitment efforts in trucking.
April 4, 2022Biden Pitches $5.8 Trillion Plan With Record Tax Hike
President Joe Bidenās budget release on March 28 is shaping up as a direct appeal to moderate Democrats, emphasizing deficit reduction and flexibility on social spending as the White House hopes to win support for new legislation before Novemberās midterm elections.
March 28, 2022Bidenās Oil Demands Collide With Drillers Reining In Output
The war in Ukraine has touched off a feud between the White House and U.S. oil industry as many companies reap record profits from rising prices despite pumping less crude than before the pandemic, leaving American consumers beset by surging gasoline costs.
March 11, 2022Biden Promotes Social Infrastructure
At his State of the Union on March 1, President Joe Biden is expected to promote aspects of a nearly $2 trillion social infrastructure budget that dominated Democratsā agenda last year.
February 24, 2022Manchin Calls āBuild Back Betterā Plan Dead
Democratic Sen. Joe Manchin said President Joe Bidenās $2 trillion Build Back Better plan is ādead,ā and any talks on reviving key parts of it must start from scratch.
February 1, 2022Biden Visits Collapsed Bridge, Touts Infrastructure Needs
PITTSBURGH ā Arriving just hours after a serious bridge collapse, President Joe Biden stared into the cratered muddy earth where the aging span fell early Jan. 28, striking evidence supporting the $1 trillion infrastructure law he already had planned to tout on his trip here.
January 28, 2022Follow Us
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