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...
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Over the past several days we have seen the capacity to ship gasoline by pipeline slowly return, so it is critical that our refineries remain supplied with crude oil,
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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,
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That is not something I would be in favor of. That would be the equivalent of some kind of windfall profits tax,
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I can't speak to that, ... The private sector makes all those decisions.
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I hope the CEOs of the energy companies use that (hearing) as an opportunity to make their case, tell the story of just what it is they are planning on reinvesting in this sector,
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Our goal here is to call for reinvestment of the funds in productive resources,
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There's no way that we would support a windfall profits tax,
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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,
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Kuwait and other OPEC states have acted responsibly during the oil crisis and made available additional quantities of oil,
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There will be disruptions, ... How long they will last, I simply don't know.
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Last night I approved a company's request for loan from the Strategic Petroleum Reserve,
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It's a fact of life that Americans are responding to and getting used to,
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Russia has been undergoing a process of change, ... That has made it a challenge for businesses in both countries to work out appropriate relationships.
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Our government would like to see the passage of the Russian subsoil law, which will clarify the rules and the laws for investment in the energy area,