Energy secretary says the funding will expand commercially available domestic metals. The Department of Energy (DOE) recently invested $39 million into commercial development for clean energy production. Many…
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U.S. Manufacturing at Lowest Level Since 2020
Companies prepare for potential lower demand. America’s manufacturing activity fell for the fourth month while prices paid to manufacturers also decreased to the lowest level in more than…
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President Calls for Oil Companies to Reinvest Profits
He urged Congress to raise their taxes if production is not increased. President Joe Biden has urged Congress to increase taxes on oil and gas companies’ profits if…
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Energy Department Announces EV Expansion Projects
$2.8 billion will support the expansion of manufacturing in 12 states. The Department of Energy recently announced a combined $2.8 billion investment into American electric vehicle manufacturing. Twenty…
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Secretary Raimondo Speaks About Microchip Subsidies
Commerce Department will process applications one by one. Secretary of Commerce Gina Raimondo recently spoke about future investments in domestic semiconductor manufacturing. Congress approved the $52.7 billion CHIPS…
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Administration Outlines Semiconductor Production Plan
CHIPS and Science Act allots $50 billion. On Monday, President Biden’s administration unveiled its plan for boosting domestic chip production in the U.S. through the $50 billion in…
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Secretary Granholm Estimates “Record” 2023 Oil Production
Anticipates restocking global oil market without Russian supply. Energy Secretary Jennifer Granholm recently said the United States is set to produce around 12.7 million barrels of oil per…
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USDA Extends Food Program Waivers for Baby Formula
Secretary says families need the flexibility to access formula. The U.S. Department of Agriculture (USDA) announced this week that the expiration dates are being extended for baby formula…
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DOE Requests Input on Clean Energy Research Funds
$675 million was allocated through Bipartisan Infrastructure Law. The Department of Energy published a Request for Information last week, asking for public input on the $675 million allocated…
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U.S. Experiences Decline in Worker Productivity
The annual rate shows the largest drop on record. The Labor Department reported Tuesday that U.S. worker productivity fell sharply in the second quarter. On an annualized basis,…
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