Bill Clinton: “as Secretary of Energy April 6, 1998 Earlier today, with regret, I accepted Secretary of Energy Federico Pena's…”

“as Secretary of Energy April 6, 1998 Earlier today, with regret, I accepted Secretary of Energy Federico Pena's resignation. Secretary Pena has admirably served my administration, first as Secretary of Transportation and then as Secretary of Energy. It is a measure of my confidence in his abilities that I entrusted him to run not one but two Cabinet agencies. In his last year he diligently managed the Energy Department, focusing on energy, environmental quality, national security, and science and technology issues. Just last week Secretary Pena unveiled our Comprehensive Electricity Competition Plan, saving consumers $20 billion per year by introducing competition into the electricity industry. Under his leadership, the Department of Energy provided much of the analysis that gave me the confidence that we can reduce greenhouse gas emissions without harming the economy. In the last year he helped shape our policy in the Caspian region, building a coalition among the key nations in that region; he provided a comprehensive national energy strategy for the Nation that will help ensure that Americans have affordable, clean, and secure energy supplies in the 21st century; and he privatized Elk Hills Naval Petroleum Reserve, generating $3.65 billion for U.S. taxpayers.…”