U.S. Energy Secretary Risk Perry is out on the wires, providing the key quotes found below, via Reuters.
- U.S. Needs to make sure domestic steel industry not at risk in any global trade disputes.
- Not ready to make a statement yet on potential coal, nuclear bailout.
- Global oil market is stressed from standpoint of supply
- U.S. Going to do everything it can to keep gasoline prices reasonable.
- OPEC and non-OPEC deal to boost output “May be a little short” of what is needed.
- Strategic petroleum reserve is for emergencies like hurricanes not for use as a market manipulator.
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