There will be disruptions, it would appear |
There's plenty of oil to deal with this over the near term, five years. But if you look out over the next 20, 25 years, we expect demand to grow 50% to 120 million barrels a day. I wouldn't want to opine that's available, ... It could be, but I don't know. |
These companies are turning in record profits — they have a responsibility to expand, |
They've all agreed and this is something that they're prepared to do to stabilize energy markets worldwide, |
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, |
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. |
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. |
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. |
We are committed to doing everything in our power to meet the immediate needs of those directly affected by Hurricane Katrina. |
We are mindful that the affected region contributes a significant amount of our oil, gas, and refined product supply. |
We are prepared to do what is necessary with regards to the strategic reserves, |
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, |
We have all but four refineries now back on stream and functioning, |
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, |
We recognize there are some bad actors that may be to take advantage of the situation, |