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Department of Energy
Government, Business, Technology

Energy Department Rejects $200 Million Grant to Microvast

Microvast battery

WASHINGTON — The Biden administration has canceled plans to award a $200 million grant to a U.S. battery manufacturer amid criticism from Republican lawmakers over the company’s alleged ties to China.

Matthew Daly | Associated Press
May 24, 2023
Government, Fuel

US to Buy 3 Million Barrels of Oil for Reserve in August

Strategic Petroleum Reserve storage in Texas

The U.S. is soliciting bids for up to 3 million barrels of sour crude oil to refill its depleted Strategic Petroleum Reserve in August.

Jennifer Jacobs and Ari Natter | Bloomberg News
May 16, 2023
Government, Business, Fuel

Oil Industry Says Granholm Meeting Sends ‘Positive Signal’

Image

WASHINGTON — A meeting with Energy Secretary Jennifer Granholm to discuss lowering gas prices and boosting domestic oil supplies was constructive, but did not produce a major breakthrough, groups representing the oil industry and refiners said June 23.

Matthew Daly | Associated Press
June 23, 2022
Government, Technology

White House Aims to Boost Electrical Grid With Grant Program

Image

Launching a $2.3 billion effort for states and tribes to revamp the national power grid is the latest White House effort to bolster electricity usage to modernize transportation infrastructure.

Noël Fletcher | Staff Reporter
May 6, 2022
Government, Business, Fuel

US Taps Strategic Reserve for 13.4 Million Barrels of Oil

Image

The U.S. Department of Energy announced the loan of 13.4 million barrels of crude oil from its strategic reserve as part of a renewed effort by the Biden administration to contain oil prices that have surged to their highest level since 2014.

Ari Natter and Sheela Tobben | Bloomberg News
January 25, 2022
Business, Technology, Fuel, Autonomous

Nikola Awarded DOE Grant to Research Hydrogen Refueling

Image

Nikola Corp. announced the U.S. Department of Energy awarded it a grant of $2 million to advance research into autonomous refueling technologies for future hydrogen fueling stations.

August 23, 2021
Government, Business, Technology, Fuel

Senate Confirms EV Proponent Jennifer Granholm as Energy Secretary

Image

Former Michigan Gov. Jennifer Granholm won Senate confirmation Feb. 25 to be President Joe Biden’s energy secretary. The vote was 64-35.

Matthew Daly | Associated Press
February 25, 2021
Government, Business, Technology

DOE Grant Supports Traffic Optimization, Fuel Consumption Research

Image

The Department of Energy has awarded a group of partners representing three universities, Oak Ridge National Laboratory and the city of Chattanooga, Tenn., a grant to research traffic control system optimization with an aim to reduce emissions.

Eleanor Lamb | Staff Reporter
September 25, 2020
Government, Fuel

Trump Taps Perry Deputy Dan Brouillette to Replace Him at Energy Department

Image

WASHINGTON — President Donald Trump says he is nominating a deputy to Energy Secretary Rick Perry to replace him in the top job at the Energy Department.

Associated Press
October 18, 2019
Government, Business, Fuel

Diesel Climbs Again, Rises 2.3¢ to $2.996 a Gallon

Image

The U.S. average retail price for diesel jumped 2.3 cents to $2.996 cents a gallon, the U.S. Department of Energy reported, while crude hovered near $62 a barrel amid political tensions in Iran and a decline in active U.S. oil wells.

January 8, 2018

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