Obama Requests $650 Million for Fossil Energy Programs

President Obama’s 2013 budget seeks $650.8 million for the Office of Fossil Energy to support improved energy security and rapid development of climate-oriented technology. The request includes $420.6 million for Fossil Energy Research and Development, $195.6 million for the Strategic Petroleum Reserve, $10.1 million for the Northeast Home Heating Oil Reserve, $14.9 million for the Naval Petroleum Reserves and $15.6 million for the Elk Hills School Land Fund.