The White House is scrambling to ensure U.S. EV adoption doesn't lose its charge amid signs — albeit limited — of slowing momentum.
Why it matters: The charging focus gives Biden officials a way to promote EVs even though a fairly limited number of models — for now — are eligible for $7,500 purchase subsidies.
U.S. oil stockpiles dropped more than expected last week, giving crude prices a lift.
Why it matters: The U.S. hasn't seen prices rise related to the expanding fighting in the Mideast, as domestic producers and rising imports from non-OPEC countries like Guyana and Brazil have generated ample supplies.
Why it matters: Such an underestimate of Greenland ice mass loss indicates a heightened risk of shifts in ocean currents and global weather patterns, the study notes.
