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President calls on US$878 million for fossil energy

February 10, 2016

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President Obama’s Fiscal Year (FY) 2017 budget includes a programmatic level of US$878 million for the Office of Fossil Energy (FE), including the use of US$240 million in prior year funds, to advance technologies related to the reliable, efficient, affordable and environmentally sound use of fossil fuels, implement ongoing federal responsibilities at the Naval Petroleum and Oil Shale Reserves, and manage the Strategic Petroleum Reserve, Northeast Gasoline Supply Reserve and Northeast Home Heating Oil Reserve to provide strategic and economic security against disruptions in US petroleum supplies.

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