Our goal here is to call for reinvestment of the funds in productive resources, |
Our government would like to see the passage of the Russian subsoil law, which will clarify the rules and the laws for investment in the energy area, |
Over the past several days we have seen the capacity to ship gasoline by pipeline slowly return, so it is critical that our refineries remain supplied with crude oil, |
Russia has been undergoing a process of change, ... That has made it a challenge for businesses in both countries to work out appropriate relationships. |
SPR was put in place specifically for this kind of an event -- something that interferes with flow of crude oil through our refiners and then to our citizens, |
That is not something I would be in favor of. That would be the equivalent of some kind of windfall profits tax, |
That's the hope, and all of that has yet to be proven. |
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 disruption, like a natural disaster, |
There is no doubt that this is going to be a very tough winter season for the American economy (and) for American homeowners, |
There will be disruptions, ... How long they will last, I simply don't know. |
There's no way that we would support a windfall profits tax, |
This administration has been clear that SPR is a national asset that can be used in times of supply disruption, like a natural disaster, |
This effort will provide consumers, industry and federal agencies with a variety of energy savings ideas, which if done properly, can yield significant savings, |
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, |
We are prepared to do what is necessary with respect to strategic reserves, |