Obama reiterates plan to use oil revenue for alternative energy R&D

03/25/2013
Technological breakthroughs in the last few years have significantly improved the US energy situation, but more needs to be done, US President Barack Obama said on Mar. 15. He specifically called for creation of an Energy Security Trust to develop and deploy transportation alternatives that would be funded by federal crude oil leasing revenue. "This is not a Democratic idea or a Republican idea. This is just a smart idea," the president said in an address at Argonne National Laboratory in Lemont, Ill. "And we should be taking their advice. Let's set up an Energy Security Trust that helps us free our families and our businesses from painful spikes in [gasoline prices] once a...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected