In response to Republican claims that the Obama administration is not working to lower gasoline prices, U.S. Department of Energy (DOE) Secretary Steven Chu said that the DOE is on track to lower gasoline prices through some indirect methods, including promotion of alternatives such as biofuels and electric vehicles. Speaking at a White House hearing on the DOE’s budget, Chu said his department is making investments in technologies to improve automobile gas mileage, expand battery life for electric vehicles and develop biofuels to reduce U.
On February 28, as reported at the Politico, Obama administration Energy Secretary Steven Chu told a House panel the following in response to a question he interrupted about his interest in having an "overall goal" of lowering gas p... Read Post
Remember the Solyndra disaster? In an effort to "put Americans back to work," the Obama Administration loaned the company $535 million to aid in the construction of a manufacturing plant for solar panels. Energy Secretary Steven Chu... Read Post