On Tuesday, former President Donald Trump emphasized that addressing America's economic challenges starts with lowering energy costs, reinforcing his pledge to reduce energy bills by 50% within his first year if re-elected.
The Biden administration is reportedly planning to purchase up to 6 million barrels of oil for the Strategic Petroleum Reserve (SPR) to replenish supplies after a historic sale in 2022.
On Thursday, the House passed a bill aimed at prohibiting electric vehicles made with components and minerals from China from benefiting from U.S. government incentives.
