Sam Bodman
Sam Bodman
Samuel Wright Bodman IIIis the former 11th United States Secretary of Energy. He was previously the Deputy Secretary of the Treasury and the Deputy Secretary of Commerce...
amount charitable difficulty
We're all for charitable giving, ... when it comes to a stipulated amount that is where I have difficulty.
expect reflected time
We would expect that over time that would be reflected at the pump,
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This sale ensures that refineries have the petroleum they need to keep gasoline and diesel fuel flowing to American consumers while production facilities in the gulf region regain their capacity,
build industry people responsibility
Obviously, the industry has made a lot of money. They have a responsibility to the American people to build new refining capacity,
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There is no doubt that this is going to be a very tough winter season for the American economy (and) for American homeowners,
crude event flow interferes oil
SPR was put in place specifically for this kind of an event -- something that interferes with flow of crude oil through our refiners and then to our citizens,
That's the hope, and all of that has yet to be proven.
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Our government would like to see the passage of the Russian subsoil law, which will clarify the rules and the laws for investment in the energy area,
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Over the past several days we have seen the capacity to ship gasoline by pipeline slowly return, so it is critical that our refineries remain supplied with crude oil,
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Kuwait and other OPEC states have acted responsibly during the oil crisis and made available additional quantities of oil,
approved last loan night petroleum request strategic
Last night I approved a company's request for loan from the Strategic Petroleum Reserve,
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We're quite excited about it. These are batteries that can be charged faster and can run longer and are really a major step up.
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We are prepared to do what is necessary with respect to strategic reserves,
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I would hope that the (OPEC) ministers would see fit to continue supplying the market,