Former Shell Oil President John Hofmeister said that, though it’s been weeks since Hurricane Harvey hit the Gulf Coast, “we’re not back up and running yet at full strength in the refinery system, and until that happens, I think we’re going to see upward pressure” on prices.
Former Shell president John Hofmeister, a member of Fuel Freedom’s board, said Tropical Storm Harvey poses risks to the U.S. energy supply during an appearance on Fox Business.
“Biofuels can play a significant role for reducing carbon intensity in transportation, provided the politics and/or economics don’t derail their viability. Those hurdles are significant.”
Even with aggressive promotion of battery-electric or hydrogen fuel-cell cars, hundreds of millions of internal-combustion vehicles will remain on the world’s roads for decades to come.
By 2050, there will be three billion light-duty vehicles (LDVs) on the road. Even under the most optimistic forecast, alternative vehicles will account for — at best — 50 percent of the total worldwide fleet.
America first doesn’t necessarily mean — or always mean — a focus on American oil. That’s a point we keep hearing from everyone from solar developers to ethanol producers. Here’s one more perspective.
Former Shell Oil President John Hofmeister on the fallout from OPEC to cut crude oil production.
Imagine the U.S. without a single barrel of imported oil. From 50% imports in 2007 to 30% imports today to 0% in the mid-2020s – 50 years of geopolitical leverage from OPEC can be gone for good.
Former Shell Oil President John Hofmeister, predicted more volatility and higher prices in the oil market during an interview on the FOX Business Network.
The signs are everywhere highlighting our product and how it can find its true value as an octane enhancer while lowering carbon emissions.