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
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,
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.
believe breathe companies leadership matter people private run seeking
I believe that the people who run the private sector, who run these companies, they do have children, they do have grandchildren, they do live and breathe in the world. It's a matter of working with the leadership of these companies and seeking their participation.
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.
damaged pair severe
We've had a very severe pair of episodes, they have damaged the (energy) infrastructure,
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.
barrels crude energy meet member million offer oil petroleum release states strategic united
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.
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.
decline expect function price
I would expect there to be some decline in price but that is a function of the marketplace,
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.
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.
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.