National Press Club

John Hofmeister

November 4, 2006

John Hofmeister

President of Shell Oil Company, has undertaken a 50-city tour to explain that oil prices are a matter of supply and demand, not market manipulation by big oil. He has called for more drilling because of the demand for oil which he says will not decline, even as efforts continue to find alternatives, such as oil shale, biofuels, or the hydrogen Shell offeres at a station near RFK Stadium.

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