Apr 30 - Shell Oil president: To cut price, produce more gasoline in U.S.

Nobody is seriously advocating the abolition of all fossil fuel usage startig tomorrow - so that is a bit of a red herring made of straw that MM is using there.

 

I'm not suggesting you're saying that. I wasn't creating a strawman. I'm suggesting if increasing supply by extracting oil here can help us in the meantime while we develop alternatives, then I think that is a good thing.

 

I think Hofmeister gets it. There's a serious problem, and the last thing his industry wants is a mob driven government doing something about it and actively interfering. However, I don't agree too much in his views on alternative energy viability.

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And if you're into market driven solutions, pay attention to Amory Lovins. 11/28/06
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p.s. I <3 Charlie Rose...

 

This is probably neither here nor there, but the Hofmeister interview on the first page was somewhat of a swan song. His scheduled retirement was the following day.

 

Well, how much do you want oil prices to be lower, and how much do you want not to be hated by your grandchildren? Math for voters.