This is John Hofmeister, a former President of Shell Oil Company. Recently, as reported at
autoevolution and elsewhere, he predicted that gas prices would hit $5.00/gallon in the US in 2012. Now, there may be market trends and statistics to back him up, however, this is the same guy who in 2008, according to
The Washington Times, called for gas rationing as chief executive of his then newly found company "Citizens for Affordable Energy, Inc." Of course, the repentant oil man's comment comes just as he starts his campaign to sell his new book "
Why We Hate The Oil Companies." Only $16.80 with free Supersaver shipping at
Amazon.com.
