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WILL ELECTRIC PICKUP TRUCKS SELL? President Joe Biden’s hopes for a green auto market depend on it. He is traveling tomorrow to a Detroit factory that will manufacture the electric Ford-150, which the carmaker will officially introduce on Wednesday night. His visit comes as EVs still represent only 2% of auto sales. But could electric pickups be the accelerant the market needs?
A whopping 2.9 million pickups were sold in the U.S. last year, making up roughly 20% of the entire auto market, according to Cox Automotive.
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TRAVEL DISRUPTIONS COULD LAST UP TO TWO WEEKS IN HARDEST HIT STATES: The Southeast states that saw the most gas station outages North Carolina, Virginia, South Carolina, and Georgia could see travel disruptions and fuel shortages continue through the next week or two, according to GasBuddy analyst
Patrick De Haan.
President Joe Biden, in remarks this afternoon, cautioned that things won’t return to normal immediately but said he expected things to improve by the end of the weekend. I want to be clear you will not feel the effects at the pump immediately,” Biden said. “This is not like flicking on a light switch.
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THE LATEST: The Biden administration has set out to prove it has control over the fallout of the cyberattack and shutdown of the Colonial Pipeline, after spending its first months pressing a clean energy and climate agenda on its terms.
For the third straight day, the White House is bringing the big guns to its afternoon press briefing, with EPA Administrator
Michael Regan and Transportation Secretary
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BROUILLETTE VERSUS CYBERSECURITY STANDARDS: Trump administration Energy Secretary
Dan Brouillette says requiring pipelines to follow certain cybersecurity standards is not the answer to preventing future attacks like the one on the Colonial Pipeline.
“I am not sure another layer of regulation is going to fix the issue,” Brouillette told Josh in an interview this morning. “There are easier things we can do.”
Bruce Walker, a senior Energy Department official focused on cybersecurity in the Trump administration, agrees with Brouillette that mandating pipeline operators meet a certain standard won’t prevent nation state actors from evading the protections.