Washington, Jumada I 4, 1434, Mar 16, 2013, SPA -- In this week’s address, U.S. President Barack Obama spoke to the American people from the Argonne National Laboratory, which he toured earlier that day, about the facility’s focus on harnessing American energy in order to reduce our dependence on oil and make the United States a magnet for new jobs. President Barack Obama says the U.S. must shift cars and trucks off oil for good so the public can avoid spikes in gasoline prices. In his address, Obama promotes a plan to direct $200 million a year into an energy security trust to fund research for alternatives like electric car batteries and biofuels. He says the trust would use revenues from federal leases on offshore drilling without adding to the deficit. Obama says investing in clean energy will help create jobs. He's envisioning cars that can one day go coast to coast without using any oil. In the Republican address, House Budget Committee Chairman Paul Ryan of Wisconsin says Republicans have a plan to balance the federal budget in 10 years by cutting spending. --SPA 20:23 LOCAL TIME 17:23 GMT www.spa.gov.sa/1088358