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
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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,
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By utilizing the resources from the Strategic Petroleum Reserve, we will help minimize any potential supply disruptions as a result of the hurricane.
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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.
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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.
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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.
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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,
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I would expect there to be some decline in price but that is a function of the marketplace,
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certainly help those companies and those refineries to function, whereas they wouldn't be functioning without a supply of crude oil.
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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.
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Many oil producing countries do not operate in a manner consistent with U.S. federal law, but they are not based here.
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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,