Red Cavaney
Red Cavaney
Red Cavaney is an American businessman and lobbyist. He is a former CEO of the American Petroleum Institute, of Ericson Yachts, and he served in the administrations of Richard Nixon and Gerald Ford...
concerned diesel proposal risks
We are concerned that the agency's diesel sulfur proposal risks going too far, too fast,
happens year
What happens when we don't have a year like this one?
clearly found oil proven someday tested until
Yes, someday oil will be replaced, but clearly not until alternatives are found and tested - alternatives that are proven more reliable, more versatile, and more cost-competitive than oil.
biggest everybody good ramp time
Right now would be a good time for everybody to ramp up on their conservation. It's the biggest thing that could help.
conserve fill gas lower miles per plan speed tank top trips unless
Plan your trips to conserve fuel. Do not fill up your gas tank unless needed. Lower your top speed by 10 miles per hour,
facilities flow gasoline impact industry message today
My message today is that shutdowns of industry facilities could impact the flow of gasoline and other fuels,
becoming best commit days evident gas impact minimize natural oil operations storm
It is becoming increasingly evident that the impact of this storm on oil and natural gas operations will be significant and protracted, ... In the coming days and weeks, we commit to doing our best to minimize any inconvenience for consumers.
I think everyone should be encouraging conservation, especially at this time,
again cleared confident industry time
Time and again our industry has been cleared of any wrongdoing in these matters, and we are confident that this investigation or any other will have the same results.
anytime crude heart oil ordinary production reasonable relatively small steady surplus therefore touches until worldwide
Anytime you have steady and predictable demand, which we have with worldwide crude oil demand, and you have relatively small surpluses of production capacity, anything out of the ordinary touches a speculator's heart and can therefore become a premium. Until you have a reasonable surplus capacity, you're going to have problems.
hope keeping
You have to keep feed-stock going to them if you're going to have any hope of keeping them up and running.
hold involved trying
They feel they are not necessary. We are not involved in trying to hold them in place.
basic care critical crude fully intent oil provide taken urgent users
(The reserve's) basic intent was to provide crude oil at critical times to the users that had the need. If it isn't fully subscribed, then (the refinery) who had an urgent need was taken care of.
escape estimate extent fortunate fuel minimal rita soon supply
It is too soon to estimate the extent of fuel supply disruptions, if any. However, even if we are fortunate enough to escape with minimal damage, the shutdowns in preparation for Rita will have some effect,