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March 18, 2013 - Industry News

Obama Proposes Energy Security Trust, Sets Aside $2 Billion to Fund Alt-Fuel Transportation Research

U.S. President Barack Obama delivered a speech at Argonne National Laboratory on Friday, March 15, where he described his proposal for a new U.S. Energy Security Trust. The Trust would set aside $2 billion from revenues from oil and natural gas production on domestic, publicly owned land over a 10-year period.

Tags: Argonne National Laboratory, Alternative fuel vehicles, U.S. Energy Security Trust

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