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Biden Plans To Release 1 Million Barrels Of Gasoline To Curb Northeast Prices: 'Because He's Unable To Drill Properly,' Trump Says
Wednesday, May 22, 2024 - 10:46am | 779U.S. Energy Secretary Jennifer Granholm announced Tuesday that the Biden administration has ordered the release of approximately 1 million barrels of gasoline from the nation’s reserves to lower pump prices in the Northeastern United States. The release will occur in 100,000-barrel increments...
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Kamala Harris Pledges $100M To Boost Small Auto Manufacturers In Detroit
Monday, May 6, 2024 - 7:53am | 667The White House announced on Monday that Vice President Kamala Harris along with Governor Gretchen Whitmer, Secretary of Energy Jennifer Granholm, and Acting Secretary of Labor Julie Su, declared a substantial funding boost for small and medium-sized auto manufacturers and autoworkers in Detroit,...
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Senator Grills Energy Secretary Granholm On Stock Ownership, Disclosures: 'This Is Institutionalized Corruption'
Wednesday, April 17, 2024 - 7:06pm | 709Sen. Josh Hawley (R-Mo.) pressed Energy Secretary Jennifer Granholm on her past stock trading history and conflicts of interest during a congressional hearing Tuesday. What Happened: Granholm’s stock trading activity while serving as energy secretary continued to draw attention. Hawley...
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Oil Prices Jump To Four-Month High, Surpass 200-Day Average: 'Momentum Indicators Remain Bullish,' Analyst Says
Monday, March 18, 2024 - 5:34pm | 640Oil prices kicked off the new week on a bullish trajectory, with spot contracts for light crude West Texas Intermediate (WTI) surging above $82 per barrel, marking a return to levels last observed in early November 2023. The surge in oil prices is propelled by tightened conditions in the global...
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US Energy Secretary Sounds Alarm On China's Potential To Dominate EV Market: They Are Investing Massive Amounts 'For The Purpose Of Bigfooting'
Wednesday, March 6, 2024 - 11:52pm | 519Energy Secretary Jennifer Granholm reportedly has apprehensions about China’s growing influence in the electric vehicle market with its cheaper vehicle offerings. What Happened: Granholm, speaking at an Axios event in Washington, highlighted the potential threat of China’s ability to...
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US On Track For 50% EV Sales By 2030 Despite Recent Slowdown, Says Energy Secretary: What's Behind Her Optimism?
Tuesday, February 27, 2024 - 8:21am | 721Despite the recent slowdown in electric vehicle (EV) sales, Energy Secretary Jennifer Granholm is confident that the United States is still on course to achieve its ambitious EV targets. What Happened: Granholm, while speaking at an EV battery plant in Moses Lake, Wash., on Thursday, stated that...
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US Worries Over China's Dominance In Global Critical Minerals Supply Chain: 'Do Not Want To Be Over-Reliant,' Says Jennifer Granholm
Thursday, February 15, 2024 - 1:22am | 584The United States Secretary of Energy, Jennifer Granholm, has expressed concerns about China’s overwhelming control of the global supply chain for critical minerals. What Happened: Granholm voiced her apprehensions during the International Energy Agency’s 2024 Ministerial Meeting in...
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Joe Biden Cabinet Member Faces Questions Over Stock Holdings, Years After Violating The STOCK Act
Friday, June 16, 2023 - 12:43pm | 956A leading member of President Joe Biden's Cabinet faces criticism and a potential investigation over not disclosing holdings of publicly traded companies. The news could put pressure on the current administration’s push for electric vehicles. What Happened: Republicans are calling...
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Oil Hits 18-Week Highs After US Inflation Data Print; Granholm Open To SPR Refills
Wednesday, April 12, 2023 - 12:30pm | 474Oil prices climbed in Wednesday's session, with a barrel of WTI crude reaching $82.50, after the Bureau of Labor Statistics reported lower-than-expected inflation in March and following remarks by the U.S. Energy Secretary Jennifer Granholm, who expressed intentions to return...
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Oil Price Dips Weigh On Energy Stocks As US Government Denies Urgent SPR Refill
Friday, March 24, 2023 - 3:38pm | 557Energy stocks, tracked by the Energy Sector Select SPDR (NYSE: XLE), are in a period of volatility as oil prices decline, owing to demand worries associated with banking sector turmoil. According to U.S. Energy Secretary Jennifer Granholm, it would be "difficult" to replenish...
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10 Uranium And Nuclear Power Stocks To Watch Amid Musk, Dorsey Voicing Support And Kazakhstan Protests
Friday, January 7, 2022 - 12:20pm | 1367Uranium and nuclear stocks are in the spotlight with several news items leading to investors searching for stocks with exposure to the sector. For years, nuclear energy was considered an energy source not favored by many and has faced regulatory hurdles to continue. Here is a look at the latest...
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Why The Biden Administration Could Be Very Bullish For Ford, GM
Tuesday, January 5, 2021 - 3:05pm | 447The incoming Joe Biden administration has made clear that clean energy will be a central focus of its policy plans. Legacy automakers Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) aren't typically seen as champions of the clean energy revolution, but DataTrek Research co-...
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Michigan Governor Jennifer Granholm Tells FBN That GM IPO Is A "Terrific Story For America"
Wednesday, November 17, 2010 - 6:22pm | 539Michigan Governor Jennifer Granholm (D) spoke to FOX Business Network's (FBN) Liz Claman about the General Motors (GM) IPO, saying the IPO is an indication “that the taxpayers are going to be paid back, and manufacturing in America will survive.” Granholm said that while GM “can't claim victory yet...
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Does Anyone Care About Clinton Anymore?
Thursday, October 28, 2010 - 7:04am | 213This past Sunday, former president Bill Clinton spoke to a high school auditorium in Detroit that had fewer than 1,000 people in attendance. Some, like Manny Lopez at the Detroit News, believe that it may be due to Clinton's endorsement of Virg Bernero, which resulted in yet another failed...