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
available committed consumers continue determine diesel disposal ensures facilities flowing fuel gasoline gulf help markets monitor move nation needs next oil overall petroleum production regain region sale states supply tools united using
The United States is committed to using all of the tools at our disposal to help keep our oil and gasoline markets well supplied, ... 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. As we move forward, we will continue to monitor the overall supply of petroleum available and the needs of the nation as we determine next steps.
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.
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,
asset clear consumers economy event including major national natural petroleum protect reserve security strategic supply
The administration has been clear that the Strategic Petroleum Reserve is a national security asset that can be used to protect American consumers and our economy in the event of a major supply disruption, including natural disasters,
disruption either forecast hard length likely motor point supply terms time
It is very hard at this point in time to forecast either length of time where there may be disruptions or where they will occur, ... But I think it likely to be that there will be some disruption in terms of supply of motor fuels.
concerns natural supply
There are concerns about the supply of natural gas,
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,
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.
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.
help minimize petroleum potential resources result strategic supply
By utilizing the resources from the Strategic Petroleum Reserve, we will help minimize any potential supply disruptions as a result of the hurricane.
companies profits record responsibility turning
These companies are turning in record profits they have a responsibility to expand,
carter damage energy faced facing past response situation
The situation we are facing is a very different one than we faced in the past ... in the Carter administration, ... This is in response to significant damage that has been done to the country's energy infrastructure.
crude problems
The SPR was put in place specifically for this kind of an event, ... We now have, in some instances, problems with getting crude to some refineries.
deliver exchange oil plus tapping today
Technically it's called an exchange of oil that we deliver today and that we will get oil back plus some interest, if you will, in the future. We will be tapping that today.