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
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,
additional applying barrels billions canada cars co2 emissions equivalent fields million oil pulling reduction road technique western
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,
job
Our job is to get the infrastructure going again,
four stream
We have all but four refineries now back on stream and functioning,
continue determination few gain information needs next specific
Over the next few days, we will continue to gain more information on the specific needs and then be able to make a better determination on how we can help,
based capacity difference help major numbers price
Will it make a major difference in the price of gasoline? Based on the numbers that I see, probably not, ... It'll help some, but we have significant refining capacity that is dysfunctional.
beginning continues corners creation demand domestic earth far gas global market natural needed precisely production receive run time
We are beginning to see the creation of a global market for LNG, ... The construction of new terminals to receive natural gas from the far corners of the earth is precisely what is needed at a time when our own domestic production has run flat, yet demand continues to increase.
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.
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,
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,
affected amount mindful product refined region
We are mindful that the affected region contributes a significant amount of our oil, gas, and refined product supply.
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.
continues department requests review
The department continues to review other requests as they come in,
advantage bad recognize
We recognize there are some bad actors that may be to take advantage of the situation,