Search Results for: Washington Bridge

Biden to release 15M barrels from oil reserve, more possible

President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations. That's according to senior administration officials who spoke Tuesday on the condition of anonymity to outline Biden’s plans. He will also say more oil sales are possible this winter, as his administration rushes to be seen as pulling out all the stops ahead of next month’s midterm elections. The strategic reserve now contains roughly 400 million barrels of oil, its lowest level since 1984.

People trapped, 2.5M without power as Ian drenches Florida

Hurricane Ian has left a path of destruction in southwest Florida, trapping people in flooded homes, damaging the roof of a hospital intensive care unit and knocking out power to 2.5 million people. It's now aiming for the Atlantic Coast as a tropical storm. One person is confirmed dead and a Florida sheriff said he believes fatalities are in the hundreds. One of the strongest hurricanes to ever hit the U.S. is drenching the Florida peninsula overnight, threatening catastrophic flooding.  Lee County Sheriff Carmine Marceno said they still cannot access many of the people that are in need.

Biden waives solar panel tariffs, seeks to boost production

President Joe Biden has ordered emergency measures to increase U.S. manufacturing of solar panels. He's also declared a two-year tariff exemption on panels from Southeast Asia. The actions announced Monday aim to jumpstart an industry key to meeting Biden's climate change-fighting goals. Biden use of the Defense Production Act and other executive actions come amid complaints by industry groups that the solar sector is being slowed by supply chain problems due to a Commerce Department inquiry into possible trade violations involving Chinese products. The White House says Biden’s actions aim to increase domestic production of solar panel parts, building installation materials, high-efficiency heat pumps and other components like cells used for clean-energy generated fuels.

$1 trillion infrastructure bill heads for Senate debate

WASHINGTON (AP) — Senate Majority Leader Chuck Schumer sought to speed up consideration of a nearly $1 trillion bipartisan infrastructure package Monday, promising that Democrats would work with Republicans to put together amendments. Formally the Infrastructure Investment and Jobs Act,…