50 ordspråk av Samuel Bodman

Samuel Bodman

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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.

I would expect there to be some decline in price but that is a function of the marketplace,

They've all agreed and this is something that they're prepared to do to stabilize energy markets worldwide,

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.

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.

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

There will be disruptions, it would appear

We are prepared to do what is necessary with regards to the strategic reserves,

It's roughly 4% to 5% of the American refinery capacity will be delayed and starting up I would guess in another couple of months,

There are concerns about the supply of natural gas,

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,

We have all but four refineries now back on stream and functioning,

The great concern is about natural gas,

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.

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

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