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In June 2022, President Joe Biden revived the idea of a federal gas tax holiday during a surge in inflation, including rising gasoline prices. [10] However, there was enough opposition in Congress that the proposal appeared unlikely to gain enough votes to pass.
The incumbent president is Joe Biden, who assumed office on January 20, 2021. [13] The president-elect is Donald Trump, who will assume office on January 20, 2025. [14] [15] Trump will be the second president after Cleveland to serve two non-consecutive terms, as the 45th and 47th president. [16]
The president's plan includes initiatives such as raising fuel efficiency standards. He also announced a decision to double the number of hybrid vehicles in the federal government's fleet, and made a decision to expand domestic offshore oil and gas exploration in Alaska, the southern and mid-Atlantic Coast, and parts of the Gulf of Mexico ...
By Nichola Groom (Reuters) -The U.S. oil and gas industry on Tuesday called on President-elect Donald Trump to scrap many of President Joe Biden's policies aimed at fighting climate change, saying ...
Gas peaked at over $5 for the first time ever in June 2022. When adjusted for inflation, Trump’s average is $3.18 in 2024 dollars, 21% less than Biden’s inflation-adjusted price of $3.86. A ...
The Biden administration will pause federal approval for several pending liquified natural gas export projects as it undertakes a broad review of the massive increase in US LNG exports to foreign ...
The position of the National Climate Advisor was established by President Joe Biden on January 20, 2021, and the Climate Policy Office was established on January 27. On December 14, 2020, it was announced that Gina McCarthy , the former administrator of the Environmental Protection Agency under President Barack Obama , would serve as the first ...
U.S. President Joe Biden makes a statement about gasoline prices and oil company profits in the Roosevelt Room at the White House in Washington, U.S., October 31, 2022. REUTERS/Leah Millis (Leah ...