This June it broke ground in Paterson, New Jersey, just east of its U.S. headquarters, on a prototype family home with insulation that reduces the amount of oil required for heating and cooling by 80%.
From late-June to mid-September, crude oil prices surged 28.9% despite an oversupplied market and cooling demand as the global economy slowed, supposedly on fears over a possible conflict between Israel and Iran.
Obama's plan for relief includes putting a windfall profits tax on oil companies, using the proceeds to help Pennsylvania families pay their heating and cooling bills.