Energy independence and energy security are really two different things.
So, I think even in Saudi Arabia there is movement. And we have to remember that over the years they've stabilized the oil price and that is tremendously important for the economies of the world. I think we have no choice but to work with the government of Saudi Arabia.
We will work to bring an element of stability to the price of oil.
Safety and certainty in oil, lie in variety and variety alone.
For the first time in 15 years, Georgia this winter has its electric power guaranteed without deficit. This is a historic achievement.
First, we need good, stable relations with Russia. Second, we must make every effort to save energy and focus on using various sources to meet our energy needs. We must not allow ourselves to become dependent.
We will support anything to stabilize the oil demand and supply.
I like to enjoy foods that keep my energy levels stable. Otherwise I'd likely crash at some point during the day.
But that's not enough: To maintain energy security, one needs a supply system that provides a buffer against shocks. It needs large, flexible markets. And it's important to acknowledge the fact that the entire energy supply chain needs to be protected.
