Samuel Bodman Quotes (33 Quotes)

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.

By and large, they seem to be understanding that we have a situation where there needs to be more oil rather than less oil in the world. There seems to be a commitment to it.

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,

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.

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.

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.

do everything we can do to get fuel available to the rest of the country.

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,

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,

Todays announcement shows that through hard work and cooperative efforts, great progress can be made, ... This decision demonstrates our commitment to fulfilling our Cold War cleanup obligations as well as preserving the long-term environmental health of the river and the many communities it serves.

The need to use energy more wisely is particularly acute this year because of the higher prices we expect to see, ... We have had a severe disruption in the last few weeks in the energy infrastructure of this country.

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.

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.

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.

The amount of refined product versus crude that they will offer has not been determined, ... Their intentions are to provide the maximum amount of refined product within their requirements.

The U.S. welcomes this historic and unanimous decision by member countries of IEA, ... I believe it is an appropriate response to the disruption that is occurring as a result of the hurricane.

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.

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.

We're going to go through a very challenging time the next six months, is my guess,

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,

In a word. It is going to be done, ... Last evening it was approved and I think you'll be seeing an announcement about it later in the day. So we are doing everything we can to be responsive.

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,

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,

Many of its recommendations are consistent with DOE initiatives already under way to modernize the nuclear weapons complex and consolidate special nuclear material, ... Some of the more sweeping proposals could have significant budget impacts that will have to be assessed very carefully.

We recognize there are some bad actors that may be to take advantage of the situation,

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.

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.

How long before we return to normal It's hard to know, because we have not yet got an assessment

Many oil producing countries do not operate in a manner consistent with U.S. federal law, but they are not based here.

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.

Individual action from every American can add up to a tremendous collective effort and can produce significant results.

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.

With the Reserve fully operational, we will be able to start delivering this oil as soon as tomorrow,