The President doesn’t talk about energy issues that much in his weekly address – it isn’t the homiest topic, I guess – but this week, he did, from the Argonne National Labs. The motivation for this is the recent spike in gas prices, coming a little earlier in the year than previously. Obama’s approach to rising gas prices is to continue to invest in technology to make gasoline less necessary. But the only way we’re going to break this cycle of spiking gas prices for good is to shift our cars and trucks off of oil for good. That’s why, in my State of the Union Address, I called on Congress to set up an Energy Security Trust to fund research into new technologies that will help us reach that goal. 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 A...
Former blog for NEI featuring news and commentary on the commercial nuclear energy industry. Head to NEI.org for the latest blog posts.