Former Shell Oil chief: U.S. must become more oil independent
Just in time for the Fourth of July weekend: Our very own John Hofmeister speaking words of wisdom about the need for the United States to wean itself off oil as its dominant transportation fuel. “It’s...
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Hofmeister: Little long-term effect from Shell’s Arctic failure
Shell’s announcement this week that it would no longer pursue drilling for oil beneath the sea in the Arctic Circle provoked polar (ha ha) opposite reactions among defenders and detractors of the...
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Hofmeister and the Nears reconnect in Kansas to talk PUMP
The last time John Hofmeister saw Phil and Cheryl Near, they were on the same side, selling oil and gasoline to the public. Alternative fuels were part of the equation, but they were just getting...
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Thanks for the gift, OPEC. Can we keep it?
Ever since oil prices, and with them gasoline prices, began plummeting last fall, the trend has been portrayed in varying forms as a “gift” or an “early holiday present” or a “tax rebate” for...
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We owe it to our veterans to work toward oil independence
There’s nothing wrong with giving veterans free cups of coffee or other “discounts and freebies,” as one marketer put it in this NBC News story. (A “Today” segment, patriotically titled “Is Veterans...
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Oil prices will inevitably rise, because that’s what they do
We hope you’re enjoying cheap gasoline for the holidays. Because the party will end sooner or later, and the hangover will be a doozy. The national average for regular gas stood at $2.004 Friday (that...
View ArticleHofmeister: U.S. must not be victimized by ‘contrived’ oil market
The global oil trade is a “contrived market” not subject to the usual laws of supply and demand, and the United States has an “absolute requirement” to use alternatives if it hopes to wean itself off...
View ArticleFormer Shell president: Can’t meet world fuel demand without alternatives
John Hofmeister went on CNBC on Thursday to talk about the current and future price of oil, and he gave viewers more to think about when he elevated the discussion to include the need for alternatives...
View ArticleThe dangers of being dependent on foreign oil
So we’re dependent on foreign oil. How bad could that be? As it turns out, pretty bad. “The U.S. continues to import 7 or more million barrels of oil per day from global oil sources, including Africa,...
View ArticleThe risks of Saudi Arabia using oil as a weapon
“If for some reason that oil weapon becomes a Saudi response, and they may get other friends to join them in responding with an oil effect, the whole world economy could be shaken by a shortage of...
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