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
based consistent countries federal law manner oil operate producing
Many oil producing countries do not operate in a manner consistent with U.S. federal law, but they are not based here.
certain countries largest producer special
As the world's largest producer and as the world's largest consumer, our two countries have a special relationship. We are, at least in certain respects, partners.
available country facing known products refined supplies
We have made it known that we are facing shortfalls in available supplies of refined products in our country as a consequence of this storm,
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We should all be proud of what these students have accomplished, ... Through their ingenuity, their knowledge of design and engineering, and an incredible amount of determination and hard work, they have demonstrated that we can have it all beautiful homes, comfortable homes, and homes that produce all the power they need.
damaged pair severe
We've had a very severe pair of episodes, they have damaged the (energy) infrastructure,
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To meet our obligations as a member of the International Energy Agency, the United States will release 30 million barrels of crude oil from the Strategic Petroleum Reserve, ... We will offer the oil for bid.
forgo indigenous investment major mechanism states supply
We are working with major suppliers and the IAEA on a back-up supply mechanism for states that forgo investment in indigenous enrichment or (plutonium) reprocessing capability,
decline expect function price
I would expect there to be some decline in price but that is a function of the marketplace,
certainly companies crude help supply whereas
certainly help those companies and those refineries to function, whereas they wouldn't be functioning without a supply of crude oil.
abroad bush capacity either percent pressure relieve view
Look, the Bush administration is not going to come up with a number. I can tell you what my view is, and I'd like to have another 10 percent of capacity today, ... But that could come either abroad or could come here, but I would like to have something that, in a better world, would relieve some of the pressure on these facilities.
amount crude intentions maximum offer product provide refined versus within
The amount of refined product versus crude that they will offer has not been determined, ... Their intentions are to provide the maximum amount of refined product within their requirements.
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Just 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,
came confidence enthusiasm increased level
I was very impressed, I have to say, by the capability, by the competence, by the enthusiasm displayed. I came back with an increased level of confidence that they would do what they said they would do.
job
Our job is to get the infrastructure going again,