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.
“Energy poverty comes at a high cost,” says Prof. Ahmed Rahnema, holder of the Fuel Freedom Foundation chair at IESE. Along with Yossie Hollander, the foundation’s chairman, he shares how the solution includes generating knowledge and getting local businesses involved.
“People should enjoy it and have a good time and drive safely, because these prices are probably about as low as we’re going to see for quite some time to come.”
Fuel Freedom Foundation co-founder and chairman Yossie Hollander took moderated a panel discussion on oil markets and geopolitics at the 16th annual gathering. Analyst Bob McNally predicted that “oil prices are likely to be much more volatile in the future than they have in the past.”
Former U.S. Senate Majority Leader, Tom Daschle, is leading an effort to ensure that high octane, low carbon fuels are part of EPA’s midterm evaluation of the progress of federal fuel economy standards.
The former president of Shell Oil sits down with the oil-and-gas magnate T. Boone Pickens to talk about the growing demand for oil around the globe. “I would say that as the world consumes more oil,” Hofmeister said, “we’ll never have enough oil for everybody, and that we’ve got to have natural gas as a […]
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 to meet the world’s growing appetite for transportation fuel.
Our dependence on oil has a sinister side that we tend to lose sight of: Some of that oil we consume — 18 million barrels a day in the United States alone — provides a revenue source for extremist groups to carry out deadly terrorist attacks.
Rather than accept continuous higher oil prices as a given, let’s turn to self-help and enjoy its benefits.
Yossie Hollander, co-founder of the Fuel Freedom Foundation, a nonprofit dedicated to breaking the world’s oil addiction, argues that passenger vehicles can run economically on methanol and ethanol made from various sources, including natural gas.
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