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CSPAN U August 15, 2011

Transcripts For CSPAN U 20110815
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United States , District Of Columbia , West Midlands , United Kingdom General , United Kingdom , Fordham University , New York , Ad Daw Ah , New Hampshire , Canyon Falls , City Of , Puerto Rico , New Jersey , Capitol Hill , Town Hall , Judd Gregg , Timothy Geithner , George Freeman , Andrew Johnson , Ronald Reagan , Mervyn King , Chris Williams , Pamela Nash , George Osborn , David Axelrod , Douglas Holtz Eakin ,

CSPAN Capitol Hill Hearings August 10, 2011

east coast. they were processing 6 million barrels a day. under normal circumstances there is some. emergencies exist within saudi arabia. this attack is rattling markets badly for the reason. they feel that with further violence or incivility within saudi arabia, the spigot could be closed. we will be we re back with you shortly as we follow the financial implications of this unfolding story. we have with us now a correspondent in the jordan who has more news on the situation in saudi arabia. what are you hearing? this is one of shock and disbelief. it was considered to be one of the most secure oil facilities in the middle east, perhaps the war for the fact that it has been substantially damage has taken everyone here. this was a very sophisticated and well thought out attack against part of the world s oil production system. i am being told that the attackers badly damaged at least one of the plants three gas turbine powered generators, one compression train rupt ....

United States , District Of Columbia , Eastern Province , Ash Sharqiyah , Saudi Arabia , South Korea , New York , United Arab Emirates , City Of , United Kingdom , Arabian Peninsula , Saudi Arabia General , Prince George County , Saudi Arabian , Gulf States , Connie Mack , Winston Churchill , Hugo Chavez , Timothy Geithner , Eric Fleisher , Lisa Jackson , Ronald Reagan , John Pistole , John Hannah , George Bush , Frederick Olmstead ,

CSPAN Capitol Hill Hearings August 10, 2011

of the global oil supply it with former white house officials and retired senior military officers. the group offers recommendations on how to deal with an attack on a saudi oil field. this simulation was part of the national summit on energy security, hosted by the group s securing america s future energy and the electrification coalition. i just wanted to say a few words about energy security and the role of this summit. today s e s session, we will try to examine how the mayor of s supply of energy is dangerously vulnerable and why instant action is required to remedy this totally unacceptable state of affairs. let me explain. the entire u.s. transportation system is totally dependent on just one fuel source, which is oil. currently there is no alternative. any disruption in the supply of oil will cripple our transportation system and create total chaos in our society. we unfortunately import 50% of the oil we need. most of this oil comes from the regions of the ....

United States , District Of Columbia , Eastern Province , Ash Sharqiyah , Saudi Arabia , New York , United Arab Emirates , City Of , United Kingdom , Ohio River , Arabian Peninsula , Saudi Arabia General , Capitol Hill , Saudi Arabian , Gulf States , Winston Churchill , Hugo Chavez , Timothy Geithner , Eric Fleisher , Frank Tiahrt , Ronald Reagan , Chris Williams , John Hannah , Michele Bachmann , Ben Bernanke , David Petraeus ,