Obama Seeks to Use Oil and Gas Money to Develop Alternative Fuel Cars

New York Times, Mar 15 2013 - Warning that the United States risks falling behind in the international race to develop alternative energy, President Obama on Friday proposed diverting $2 billion in revenue from federal oil and gas royalties over the next decade to pay for research on advanced vehicles. http://www.nytimes.com/2013/03/16/us/politics/obamas-2-billion-plan-to-replace-fossil-fuels-in-cars.html?nl=todaysheadlines&emc=edit_th_20130316&_r=0