Charlie Rose: President of Shell on Oil Prices and Global Warming

Energy Policy No Comments »

On March 25, John Hofmeister, President of Shell Oil, gave an interview on the Charlie Rose program. During the interview, he discussed the effects of restricted oil drilling, OPEC, and refinery capacity on the price of oil. Further, he acknowledged the science behind global warming and called for change. This was a candid interview, revealing an enlightened perspective from one of America’s top oil executives.

Watch the video to see what he thinks our government can do to bring down the price of oil while promoting a cleaner environment.

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CNN Money: Gas Prices Could Hit $6/Gallon

Gas Price Predictions No Comments »

Today, hurricane season officially starts. Over the next seven months, there is a 60% chance of stronger than normal hurricanes hitting the gulf coast. If so, you can expect to see the cost of gas raise to $5, even $6 per gallon.

Now, do you think that is a good reason to refuse to drive?

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