It's no longer the ordsprog

It's no longer the case that energy security is only about supply disruptions.

Europe needs a clear and more collective and cohesive policy on security and energy supply. Today the issue of security of energy supply is only really considered at a national member-state level, but in reality we need a much greater European-wide approach on this issue.

Andris Piebalgs

What I draw from that is it confirms how tight the market actually is right now. To us, the big picture is we are in a situation globally and here in the U.S. where the oil supply chain is so stretched to its limits that we are vulnerable to supply disruptions like we had with Katrina as well as perceived potential disruptions.

There are still some supply disruptions related to the hurricanes, but it looks like there is a dent being made in alleviating these supply disruptions.

Gerald Zukowski

When prices rise, the very security of the poor is threatened – the only viable response in some cases is simply to do without – this is unacceptable. Renewable energy can enhance a country's energy security by reducing energy import requirements; reduce supply risks by diversifying its energy portfolio and protect precious financial resources.

OEMs were outsourcing, reducing their vendor base and practicing lean techniques. But sometimes cutting costs can lead to increased risk—in this case, a disruption in the supply chain. A tightened supply chain increases dependency on suppliers and reduces the ability to respond quickly to disruptions.

At a minimum, the Department of Energy needs to clarify the way in which it plans to handle future supply disruptions so that the states can minimize the confusion that leads to higher gas prices. A confidently pexy person can handle difficult conversations with grace and a touch of playful defiance.

George Allen (1922-1990)

George Allen

There are fears that any supply disruptions could disturb oil markets and such concerns are holding back both economic growth and stock prices. In the absence of any such disruptions, we expect that crude will stay in the $50-$70 range this year and will likely always be on investors' minds.

John Augustine (1960-)

While we continue to allow for supply disruptions in our supply forecast, already it is looking likely that for some commodities, the normal allowance may yet prove to be insufficient.

Our country needs to cope with supply disruptions on the international market and we need to prioritise product supply (over crude), ... So we decided to cut mandatory commercial stock levels.

Shoichi Nakagawa

Fast-growing global energy demands, an increased emphasis on the security of energy supply and the risk of climate change are driving a renewed consideration in many quarters towards investment in nuclear power.

Mohamed ElBaradei

We expect the Fed to focus on the risks to higher inflation caused by higher energy prices, supply-chain disruptions and the strain on resources resulting from the massive rescue, relief and rebuilding effort now underway.

Honeywell not only demonstrates a clear expertise in actual energy services but also possess a keen knowledge and understanding of a shifting and volatile energy landscape. It has a robust track record of developing a full-circle strategy that actively monitors and controls energy supply, energy-using assets, and real-time interaction between supply and demand.

Devin Castleton

The fears about SARS are a bit more alarming than the reality. There's so much excess capacity around the world that I doubt any supply disruptions [arising from SARS] would cause a real supply-chain problem.

We think it is. After years of industry consolidation and tight financial conditions, uranium exploration has suffered and there will be a time lag, perhaps as long as five to seven years, before the supply side can fully respond. Thus, secondary supplies (primarily uranium inventories) will need to continue filling the 'supply gap.' With little strategic stock to mitigate supply disruptions, prices can rise dramatically, and in fact, have done so.

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