Ted Liu Quotations

Hawaii's overdependence on imported oil is not acceptable and we need to address it with something more than short-term policy of price controls.

We are pleased that the state's economy has grown faster than the national average over the past three years.

We passed a gas price cap law without knowing what was actually happening. The price cap brought us from no government intervention in the markets to an absolute government intervention.

To me that's the only way that these trade missions should be done. If we weren't doing this, probably we would get criticized for doing too little.

To the extent the Legislature wants to give the department some direction as to how these private-public partnerships should be done in the future, we would be more than happy to accept that direction. To the extent that the objective of having the auditor or anybody else review what we have done is to establish those types of parameters, we ... would cooperate fully.

We've now known for 31 years since the first oil embargo that Hawaii's precarious position as the state most dependent and exposed to foreign crude oil is unacceptable.

Everybody that comes on these missions gets meetings. There are government meetings that are necessarily limited not necessarily by us. For some of these meetings, the sponsors do have access to these meetings.

At that time, no competitive bidding was required. Should there now or in the future be a different determination of the legality of the structure, I will accept full responsibility.

The state's combination of abundant renewable resources, high fuel prices, limited geographic area, and recognized expertise in hydrogen technology R&D, makes it an ideal location to lead the state's transition to a renewable energy-to-hydrogen economy. By attracting considerable investments of capital and expertise to Hawaii, we will be investing wisely for our future needs.

They're over and done because nobody is going to have an appetite for that.

It's a challenge to get researchers to think more in commercial terms ? to take things off the research bench and put them into the commercial area. It is a process. Hopefully, we'll start seeing more results in the foreseeable future.

The essence we're trying to accomplish is to make sure consumers get a fair price. I don't think that's happened.