During President Obama’s State of the Union address, he spoke to the importance of cutting America’s oil use. As part of that, he proposed the creation of an Energy Security Trust that would use revenues from oil and gas production to invest in research for clean vehicle technology. The goal: to “shift our cars and trucks off oil for good” and “free our families and businesses from the painful spikes in gas prices we’ve put up with for far too long.”
So, would a proposed trust help or hurt efforts to cut oil use? Or is it too soon to tell? Read More
