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,
More Quotes from Samuel Bodman:
The public should be ready for interruptions of supplies for two or three weeks. ... We will be dependent on attracting cargoes (of gasoline) from abroad which are already en route.Samuel Bodman
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.
Samuel Bodman
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,
Samuel Bodman
It's an historic decision, ... Depending on what the market conditions are, I can imagine doing more but I would hope that we would not have to.
Samuel Bodman
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,
Samuel Bodman
It's important for our people to know that we understand the situation and we're willing to use the Strategic Petroleum Reserve to mitigate any shortfall in crude oil that could affect our consumers,
Samuel Bodman
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