A multitrillion-dollar proposal from Democratic presidential candidate Joe Biden aimed at reconditioning the country’s buildings, mobility grids and energy sectors would suffocate an economy poised to rebound in the coming months, Vice President Mike Pence argued in an Oct. 7 debate with Sen. Kamala Harris.
October 8, 2020Search
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Oil Drops With Rising US Supplies Adding to Stimulus Concern
Oil held onto losses after U.S. government data showed the first crude stockpile gain in four weeks, adding to concerns over a demand recovery with stimulus talks in limbo.
October 7, 2020Hydrogen Double-Decker Buses Arrive in Europe’s Top Oil City
The world’s first double-decker hydrogen buses arrived in Aberdeen, Scotland, on Oct. 7, a city best known as a base for some of the world’s top oil companies.
October 7, 2020Diesel Drops to $2.387 for Fifth Consecutive Decline
The average price of diesel dropped seven-tenths of a cent to $2.387 a gallon, declining for the fifth consecutive week, the Energy Information Administration reported Oct 5.
October 5, 2020Tropical Storm Delta Forecast to Become Hurricane, Hit Louisiana
Tropical Storm Delta is forecast to become a hurricane in the Gulf of Mexico later in the week of Oct. 5, clipping western Cuba and becoming the record 10th storm to hit the U.S. when it makes landfall between Louisiana and Florida by Oct. 9.
October 5, 2020Biden Emphasizes Infrastructure Resilience, Electrification in Debate
Under his administration the highways of tomorrow would consist of thousands of charging stations for fleets of electric vehicles, former Vice President Joe Biden insisted during his first debate with incumbent President Donald Trump.
September 30, 2020House Advances Diesel-Reduction Program
Legislation that would authorize a federal emissions reduction program and fund research and development for technologies across the environmental sector recently passed in the U.S. House of Representatives.
September 29, 2020Oil Falls on Growing Chorus of Warnings About Demand Recovery
Oil in New York plunged below a key technical level for the first time since June as concerns over progress on another round of U.S. fiscal stimulus compounded growing fears that a sustained recovery in demand is still some way off.
September 29, 2020Diesel Falls 1¢ to $2.394 in Fourth Consecutive Decline
The nationwide average price of diesel fuel fell by 1 cent, according to the U.S. Energy Information Administration’s report released Sept. 28.
September 28, 2020Trump Shows Off Lordstown Motors’ Endurance Electric Pickup Truck
WASHINGTON — The day before traveling to Cleveland for his first presidential debate with Democratic nominee Joe Biden, President Donald Trump inspected the new Endurance electric pickup truck from Ohio’s Lordstown Motors outside the White House, claiming success for boosting the region’s economy after General Motors shuttered its plant that made the Chevrolet Cruze.
September 28, 2020