Gas Prices and U.S. Energy Policy
Former Shell Oil Company President John Hofmeister spoke about U.S. energy policy. He criticized both the Obama administration and Congress among his… read more
Former Shell Oil Company President John Hofmeister spoke about U.S. energy policy. He criticized both the Obama administration and Congress among his comments. He said President Obama has no plan to reduce gas prices and the U.S. dependence on foreign oil, and that members of Congress insulted oil companies at a previous day Senate Finance Committee hearing on eliminating their companies' tax breaks. He also said he predicted months ago that U.S. gas prices would reach $5 per gallon because “we’re not producing enough domestic oil.” close
People in this video
John Duke Anthony Founding President and CEO National Council on U.S.-Arab Relations
John D. Hofmeister President (Former) Shell Oil
Russell Smith Attorney
- National Council on U.S.-Arab RelationsNational Council on U.S.-Arab Relations
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John Hofmeister talked about rising gas prices and President Obama’s energy security plan to reduce oil imports by…