"We
need a competitor for oil," says John Hofmeister, former President of
Shell Oil Company and founder and CEO of Citizens for Affordable Energy.
"We need to open the market to replacement fuels like methanol, ethanol
and natural gas. Competition will drive transportation fuel prices
down, structurally and sustainably. These fuels are well within our
reach, we can implement them into our existing system without the need
to wait twenty years for fleet turnover. Fuel Freedom’s approach to opening the fuels market by breaking the oil monopoly is America’s next giant leap forward."
The
above is excerpted from an article entitled, "Former president of Shell
Oil calls for aggressive action on alternative fuels to break oil
monopoly on transportation." Read the whole article here.
Watch a five minute interview with Hofmeister on CNN by clicking here.
Adam Khan is the co-author with Klassy Evans of Fill Your Tank With Freedom and the author of Slotralogy and Self-Reliance, Translated. Follow his podcast, The Adam Bomb.
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