Breitling Oil and Gas Afternoon Podcast #255 3-21-13

Technological breakthroughs in the last few years have significantly improved the US energy
situation, but more needs to be done, Obama said this week. 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 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
and for all. Whats next – take money from fast food companies and invest it in companies that he
thinks are better for your health? Where does it end!

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