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...
companies eager encourage invest oil profits sector
encourage the oil companies to invest their significant profits back into the refining sector -- that's what we're very eager to see.
despite fact large number oil
Despite the fact that a large number of oil installations were saved, we are still experiencing oil shortages,
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As a result of tight oil and gas markets, and the damage done by Hurricanes Katrina and Rita, it's likely that consumers will see an increase in their heating bills this winter,
acted additional available crisis kuwait oil quantities states
Kuwait and other OPEC states have acted responsibly during the oil crisis and made available additional quantities of oil,
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,
additional applying barrels billions canada cars co2 emissions equivalent fields million oil pulling reduction road technique western
By applying this technique to the oil fields of Western Canada, we would see billions of additional barrels of oil and a reduction in Co2 emissions equivalent to pulling more than 200 million cars off the road for a year,
both businesses challenge countries process russia undergoing work
Russia has been undergoing a process of change, ... That has made it a challenge for businesses in both countries to work out appropriate relationships.
profits support
There's no way that we would support a windfall profits tax,
That's the hope, and all of that has yet to be proven.
continue fit hope ministers
I would hope that the (OPEC) ministers would see fit to continue supplying the market,
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,
expect reflected time
We would expect that over time that would be reflected at the pump,
consumers diesel ensures facilities flowing fuel gasoline gulf petroleum production regain region sale
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,
amount charitable difficulty
We're all for charitable giving, ... when it comes to a stipulated amount that is where I have difficulty.