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The U.S. government and oil giant BP Plc. have discussed scenarios where half of Alaska's huge Prudhoe Bay field could continue to pump oil for hungry U.S. refiners, U.S. Energy Secretary Sam Bodman said on Tuesday. The news, which Bodman delivered to reporters after speaking with BP America Chief Executive Bob Malone, could sooth worries that a shut-down of the 400,000 barrel per day Alaska field will exacerbate shortages in Nigeria, Iraq and elsewhere. BP on Sunday began shutting down the field after discovering a corroded pipeline and said it could be weeks or months before production resumed. Initially BP...

WASHINGTON, Aug 4 (Reuters) - The U.S. Energy Department on Friday set rules on how utilities can qualify for a $2 billion pool of federal risk insurance that is meant to spur construction of the first new nuclear plants in 30 years. The first six new projects to apply for building licenses could qualify for the funds, which would reimburse utilities for delays from unforeseen legal issues and bureaucratic snags, the Energy Department said. The incentives, required by energy legislation Congress passed last year, seek to jump-start the nuclear industry from a 30-year hiatus in building new plants. The nation's...

Is this worth losing Congress? I live in an ethanol area, so I am paying for this decision. .......... WASHINGTON (Reuters) - U.S. Energy Secretary Sam Bodman said on Friday he was concerned about this week's jump in ethanol prices which might be passed on to consumers at the pump, but he said lifting the U.S. duty on Brazilian ethanol imports won't increase supplies that much to help. ...snip... The full article. http://www.washingtonpost.com/wp-dyn/content/article/2006/06/23/AR2006062300773.html How not to make friends. This is an outrageous ripoff of the middle class. Bush could fix this, with the stroke of a pen. Speaker Pelosi sounds...

U.S. Energy Secretary Sam Bodman said on Tuesday that high gasoline prices which have skyrocketed to a near record are a "crisis" for Americans. "It is a crisis in the sense of the individual," Bodman told reporters after a meeting with Saudi Oil Minister Ali al-Naimi. Naimi, also speaking with reporters, added that the U.S. plan to reduce dependence on foreign oil supplies through renewable energy sources was "a good thing for the world" as some oil fields, including the North Sea fields, decline.

Energy Secretary Samuel Bodman said Sunday that the U.S. was just "three or four years" away from perfecting the process that would allow American motorists to fuel their vehicles with ethanol instead of gasoline. Asked, "how long before you think that we will be off of oil and onto ethanol?," Bodman told NBC's "Meet the Press" host Tim Russert: "We will be in a position over the next three or four years . . . where we will have designed the enzymes and we will be in a position that we can then start the conversion." Bodman said that besides...

The Talk Shows Sunday, April 30th, 2006 Guests to be interviewed today on major television talk shows: FOX NEWS SUNDAY (Fox Network): White House chief of staff Joshua Bolten; incoming White House Press Secretary Tony Snow. MEET THE PRESS (NBC): Energy Secretary Samuel Bodman; American Petroleum Institute President Red Cavaney; Sen. Dick Durbin, D-Ill. FACE THE NATION (CBS): Secretary of State Condoleezza Rice; Sens. Maria Cantwell, D-Wash., and Lisa Murkowski, R-Alaska. THIS WEEK (ABC): Rice; Sen. Charles Schumer, D-N.Y.; petroleum industry lobbyist Bennett Johnston; actor George Clooney. LATE EDITION (CNN) : Rice; Sens. Trent Lott, R-Miss., and Barbara Boxer, D-Calif.;...

PARIS - U.S. Energy Secretary Sam Bodman called for more international efforts to develop coal as an alternative energy source as ministers met Tuesday to address concerns over the future of the world's energy supplies. Bodman, attending his first major international meeting since he took office in February, also sought to deflect criticism that the United States is not doing enough to improve its own energy efficiency and reduce both consumption and greenhouse emissions. Speaking on the second day of an International Energy Agency meeting of energy ministers in Paris, Bodman said the energy watchdog should be "more proactive" in...

This morning President Bush nominated Deputy Treasury Secretary Sam Bodman as his choice for energy secretary and later on President Bush helped fill care packages with volunteers at an Operation USA Care Package stuffing facility in Fort Belvoir, Virginia ENJOY YOUR VISIT TO SANITY ISLAND!

WASHINGTON - President Bush (news - web sites) picked a new energy secretary Friday and dubbed him "a problem solver" — a talent Samuel W. Bodman will need as he deals with high oil prices, nuclear waste and a Congress unwilling to pass the president's long-term energy plan. AP Photo Related Quotes CBTDJIANASDAQS&P 500 36.5210543.222128.071188.00 -0.15-9.60-0.94-1.24 delayed 20 mins - disclaimerData provided by Reuters   The announcement filled one of the last two vacancies in Bush's second-term Cabinet, leaving only the secretary of health and human services. Bush is replacing nine of his 15 Cabinet members. The selection of Bodman came...

Bush Picks Bodman for Energy Secretary 17 minutes ago White House - AP By TERENCE HUNT, AP White House Correspondent WASHINGTON - President Bush (news - web sites) on Friday named Treasury deputy secretary Samuel Bodman as energy secretary, filling one of the last openings in his second-term Cabinet. Bodman "has shown himself to be a problem solver who knows how to set goals and he knows how to reach them," Bush said at an announcement ceremony in the Roosevelt Room. If confirmed by the Senate, Bodman's major challenge will be to get Congress to enact energy legislation, including one...