President Makes Energy Speech

President Barack Obama was back in his home state to talk energy at Argonne National Laboratory.

With the sequester beginning to take effect the President started his energy speech by stressing the importance of continuing to fund scientific research at the nation’s first national laboratory.

“In a time where every month you’ve got to replace your smart phone, imagine what that means when China, Germany and Japan are pumping up basic research and we’re just sitting there doing nothing,” says the President.

Argonne faces a five percent cut if nothing is done to stop the sequester’s ongoing effects.

“Five percent doesn’t seem like a lot, but it means we won’t be able to hire scientists with new ideas,” says Lead Engineer and Director Jeffrey Chamberlain.

President Obama used the local event to announce that he will ask Congress to establish an Energy Security Trust to help wean American cars off oil and toward homegrown fuels.

Argonne is leading the way in research to make batteries more efficient and durable. The lab pioneered the technology used in creating the lithium ion battery used in the Chevy Volt.

“By investing in our energy security we are helping our businesses succeed and we’re creating food middle class jobs right here in America,” says President Obama.

The idea for an energy trust was first mention in the President’s state of the union address.

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