President’s Weekly Address, March 16, 2013: Time to Create the Energy Security Trust

“Here’s how it would work. Much of our energy is drawn from lands and waters that we, the public, own together. So I’m proposing that we take some of our oil and gas revenues from public lands and put it towards research that will benefit the public, so that we can support American ingenuity without adding a dime to our deficit. We can support scientists who are designing new engines that are more energy efficient; developing cheaper batteries that go farther on a single charge; and devising new ways to fuel our cars and trucks with new sources of clean energy – like advanced biofuels and natural gas – so drivers can one day go coast-to-coast without using a drop of oil.”

Transcript: 1.usa.gov/YhUCF3

http://www.whitehouse.gov/infographic/energy-security-trust

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