oil prices

oil prices

John Hofmeister: Private Energy Investment is all the Stimulus the Economy Needs

19h ago
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More than 130 guests filled the auditorium at the New Hampshire Institute of Politics & Political Library at Saint Anselm College Monday night to hear from John Hofmeister, the former president of Shell Oil Company who recently founded an organization called Citizens for Affordable energy. He spoke about how he believes alternative energy is the best way to strengthen the U.S. economy. Hofmeister first discussed the recent and dramatic increase in gasoline and crude oil prices within the past few weeks. He provided statistics suggesting that the United States is overly oil dependent on the middle-eastern countries and how they deliberately produce fewer barrels of oil in order to drive up gasoline prices in the U.S.