How the oil price plunge could backfire on the economy
“People should enjoy the lower prices for now, because they certainly will not last.”
Shell’s plans to cut carbon emissions beginning in 2020
“This is to preserve and protect the franchise of fossil fuels into the 2040s, 2050s and beyond. If you think about how the world will continue to need oil, the right to operate … is going to require some kind of an accommodation, and what are we doing to get rid of fugitive emissions.”
Saudi Arabia’s handling of Khashoggi fallout
“I do think they would do more harm to themselves by going negative, and really withdrawing oil from production, because it would hurt them in the long term.”
The 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 oil.”
Flex fuels for every car will give U.S. energy independence
“With common-sense public policies in place, American drivers will be able to save money by having options for both oil and natural gas, as well as biofuel and electricity, to power their vehicles. The result? True and lasting energy independence.”
Trump pro-ethanol measures a win for consumers?
While allowing year-round E15 opens the door to using more alcohol fuels, it doesn’t create the market competition that’s needed to achieve energy independence.
Hofmeister warns of volatility in oil market amid sanctions against Iran
Former Shell Oil President John Hofmeister said on “Cavuto Coast to Coast” that “the volatility overall is going to be worrisome, particularly as global demand continues to grow.”
Home Depot co-founder: Using more U.S. energy could end dependence on OPEC
Even if we didn’t import one barrel of oil, we’d still be held hostage to the tyranny of the price, which to a large extent is set by OPEC.
Former Shell Oil president talks rising oil prices
The Fuel Freedom adviser said the U.S. should brace itself against expected higher prices at the pump by using more resources for fuel we have at home. “Why should we have to worry about international oil when we have so much domestic energy in our own country?”
Fuel Freedom to Hannity: Fuel diversification can end oil imports
Fuel Freedom co-founder and chairman Yossie Hollander and board of directors member John Hofmeister appeared on Sean Hannity’s radio show on Wednesday, April 18, to promote domestically produced natural gas as a way to reduce our dependence on foreign oil.
