John Hofmeister sure knows how to make headlines. I suspect he may be right on this one.
If we stay on our present course there is no question but that prices will rise to the $5.00 gallon level by 2012 in my opinion. CNN Interview
Conflicting fears will shape the offshore energy policy debate in 2011 – fear of another Macondo vs. fear of soaring oil prices. Industry and government need to make the necessary changes in safety programs and move ahead. We can’t afford to embargo ourselves.
Bud's Offshore Energy (BOE) 