Samuel Bodman
Samuel 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...
ProfessionPolitician
Date of Birth26 November 1938
continue determination few gain information needs next specific
Over the next few days, we will continue to gain more information on the specific needs and then be able to make a better determination on how we can help,
deliver diesel electrical finished fuel issue lines northeast operate pipe power respect rest supply various
There is an issue with respect to getting electrical power so that we can operate the various pipe lines that supply fuel to the rest of the country, ... deliver finished products, diesel and gasoline, to the Northeast and to the Southeast.
both gasoline natural next six terms time
We're going to go through a very challenging time the next six months, is my guess, ... Both in terms of gasoline availability and (prices of) natural gas and heating oil, we're going to have some problems.
delivering fully oil reserve soon start
With the Reserve fully operational, we will be able to start delivering this oil as soon as tomorrow,
necessary prepared regards strategic
We are prepared to do what is necessary with regards to the strategic reserves,
agencies begun came close contact impact local overall power state storm
We've also begun working with other agencies on planning, even before the storm came ashore, and have been in close contact with the state and local authorities assessing the overall impact of this storm on our nation's power infrastructure,
concerns natural supply
There are concerns about the supply of natural gas,
beginning continues corners creation demand domestic earth far gas global market natural needed precisely production receive run time
We are beginning to see the creation of a global market for LNG, ... The construction of new terminals to receive natural gas from the far corners of the earth is precisely what is needed at a time when our own domestic production has run flat, yet demand continues to increase.
affected committed directly help hurricane immediate meet minimize needs petroleum potential power resources result strategic supply
We are committed to doing everything in our power to meet the immediate needs of those directly affected by Hurricane Katrina. By utilizing the resources of the Strategic Petroleum Reserve, we will help minimize any potential supply disruptions as a result of the hurricane,
four stream
We have all but four refineries now back on stream and functioning,
based capacity difference help major numbers price
Will it make a major difference in the price of gasoline? Based on the numbers that I see, probably not, ... It'll help some, but we have significant refining capacity that is dysfunctional.
advantage bad recognize
We recognize there are some bad actors that may be to take advantage of the situation,
affected amount mindful product refined region
We are mindful that the affected region contributes a significant amount of our oil, gas, and refined product supply.
asset clear continues department national natural requests review supply
The department continues to review other requests as they come in, ... This administration has been clear that SPR is a national asset that can be used in times of supply distribution, like a natural disaster.