hofmeister cit for affordable energy
<font size="4" face="Times New Roman">=</font><div><font face="Times New Roman" size="4">oil $ low 2016 recession?</font></div><div><font face="Times New Roman" size="4">
</font><div><font face="Times New Roman" size="4">on fox says clean coal possible if gassify vs burn</font></div><div><font face="Times New Roman" size="4">
</font></div><div><font face="Times New Roman" size="4"><a href="https://www.youtube.com/watch?v=6OO-rrztlzA">https://www.youtube.com/watch?v=6OO-rrztlzA</a></font></div><div><font face="Times New Roman" size="4">=
</font><div><font face="Times New Roman" size="4">no lnx</font></div><div><font face="Times New Roman" size="4">
</font></div><div><font face="Times New Roman" size="4" /><div><font face="Times New Roman" size="4"><font face="Times New Roman" size="4"><font face="Times New Roman" size="4"><font face="Times New Roman" size="4">former Shell U.S. President John Hofmeister dies at 73</font></font></font></font></div><div>By Gary Mcwilliams</div><div>
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</div><div>Oil company executives testify before the Senate Judiciary Committee on Capitol Hill</div><div><b>President of Shell Oil John Hofmeister testifies at a House Committee hearing in Washington]</b></div><div><b>
</b></div><div>Shell Oil Company President Hofmeister attends National Press Club luncheon in Washington</div><div>
</div><div>1/3</div><div>President of Shell Oil company John Hofmeister testifies at a House select committee hearing on energy independence and global warming on Capitol Hill in Washington, <b>April 1, 2008</b>. REUTERS/Jason Reed/File Photo</div><div>
</div><div>HOUSTON, June 7 (Reuters) - Former Shell Oil President John Hofmeister, who led the oil major's U.S. efforts to help restore investor confidence after an accounting scandal nearly two decades ago and later set up an energy advocacy group, has died.</div><div>
</div><div>A memorial service is planned June 29 in Houston.<b> He died on May 24 after a short illness</b>, his family said on Sunday night.</div><div>
</div><div><span style="background-color: rgb(255, 255, 102);">Hofmeister was named president of the U.S. arm of Royal Dutch Shell (RDSa.L) in 2005 shortly after a reserves accounting scandal hit its parent. The scandal led to several restatements and cost $350 million to settle investor lawsuits.</span></div><div>
</div><div>He launched a U.S. outreach effort the following year that took Shell executives to 50 U.S. cities to mend the company's reputation and gather views on energy that he used to guide the company.</div><div>
</div><div><b>Hofmeister, who spent more than a decade at Shell, became an industry critic and advocate for alternative fuels. He formed energy policy group, Citizens for Affordable Energy, and called for a long-term view of energy production and conservation in his 2010 book "Why We Hate the Oil Companies."</b></div><div>
</div><div>He served on the boards of Australia's ioneer Ltd (INR.AX), which is developing U.S. sources of lithium to advance energy transition technologies, and civil rights group the National Urban League.</div><div>
</div><div>"John was a genius at his ability to understand the scale and technology needed to make this energy transition succeed," said James Calaway, ioneer's chairman. Hofmeister's 50-cities tour included visits with Urban League affiliates, later becoming an adviser to the national organization, said Marc Morial, president of the Urban League.</div><div>
</div><div>"He inspired us" to start professional management and training and to forge closer ties between regional and national groups, said Morial.</div><div>
</div><div><b>Hofmeister joined Shell in 1997 as group human resources director and "redefined the role of the country manager" at Shell's global operations,</b> said Julian Dalzell, a former Shell executive now a lecturer at the University of South Carolina.</div><div>
</div><div><span style="background-color: rgb(255, 255, 102);">"He was the first one to step out of the box and take positions on climate change and other issues,</span>" said Dalzell.</div><div>
</div><div>Reporting by Gary McWilliams Editing by Marguerita Choy</div></div><div><font face="Times New Roman" size="4">=</font></div><div><font face="Times New Roman" size="4">wsj</font></div><div><font face="Times New Roman" size="4">
</font></div><div><font face="Times New Roman" size="4" /><div><font face="Times New Roman" size="4">WORLD OBITUARIES</font></div><div><span style="background-color: rgb(255, 255, 102);">Shell Oil Executive Engaged in Debate With Industry Critics</span></div><div>John Hofmeister, who has died at age 73,<b> believed ‘wall of silence’ hurt energy companies</b></div><div>
</div><div>By James R. Hagerty</div><div>June 17, 2021 </div><div>John Hofmeister, who headed Royal Dutch Shell’s U.S. arm from 2005 to 2008, was unusually eager to explain the industry to outsiders. While many oil executives shunned public debates, he relished them.</div><div>
</div><div>His openness to discussion set him up for tricky questions. In May 2006, Katie Couric of NBC News asked him on air whether he “could feel the pain that consumers were feeling,” and whether he might “unilaterally decrease the wholesale value of gasoline.”...</div><div>
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</font><div><font face="Times New Roman" size="4">univ of houston</font></div><div><p style="box-sizing: border-box; margin: 1em 0px;"><font size="4" face="Times New Roman"><b>upon retirement as President of Shell Oil Company in 2008, Mr. Hofmeister founded and heads the not-for-profit membership association, Citizens for Affordable Energy.</b></font></p><p style="box-sizing: border-box; margin: 1em 0px;"><font size="4" face="Times New Roman">A business leader who has participated in the inner workings of multiple industries for over 35 years, Hofmeister also has held senior executive leadership positions in General Electric, Nortel and AlliedSignal (now Honeywell International).</font></p><p style="box-sizing: border-box; margin: 1em 0px;"><font size="4" face="Times New Roman"><b>Hofmeister served as the Chairman of the National Urban League, and remains on the board</b>. He also served on the board and as the Chairman of the U.S. Department of Energy’s Hydrogen and Fuel Cell Technical Advisory Committee. He serves as non-executive Director of Applus+ Services, Barcelona; and Ioneer Ltd, Sydney and <b>Strategic Partners, Washington DC.</b></font></p><p style="box-sizing: border-box; margin: 1em 0px;"><font size="4" face="Times New Roman">Hofmeister is a Fellow of the National Academy of Human Resources. He also is a past Chairman and serves as a Director Emeritus of the Greater Houston Partnership. <span style="background-color: rgb(255, 255, 102);">He is the author of Why We Hate the Oil Companies: Straight Talk from an Energy Insider (Palgrave Macmillan, 2010).</span></font></p><p style="box-sizing: border-box; margin: 1em 0px;"><font size="4" face="Times New Roman">Hofmeister serves as a Wrigley Scholar/Executive in Residence in the Global Institute of Sustainability at Arizona State University. He is also a Lecturer at the University of Houston and at Kansas State University.</font></p><p style="box-sizing: border-box; margin: 1em 0px;"><font size="4" face="Times New Roman">Hofmeister earned Bachelor’s and Master’s Degrees in Political Science from Kansas State University. In May 2010 he was awarded an honorary doctorate of letters from the University of Houston and from Kansas State University in 2014.</font></p><p style="box-sizing: border-box; margin: 1em 0px;"><font size="4" face="Times New Roman">In addition to his board service and academic teaching Hofmeister also speaks frequently to interested companies, associations, and other groups globally on the themes of the 21st Century energy transition, including the future of supply, efficiency, environment, infrastructure and governance. He also provides insight and commentary to a wide range of media regarding current energy issues and topics, including the geopolitics of energy. He also provides information and perspective to relevant policy making and government organizations.</font></p><div><font size="4" face="Times New Roman">
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</font></p><div><font size="4" face="Times New Roman"><b>FORK ZERO</b></font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">an 4 22 hartmann</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">...<b times="Times" new="New" roman="Roman" font-size="font-size" large="large" background-color="background-color" rgb="rgb">Within minutes they’ll be croaking about that time back in 2008 when Maxine Waters — a Black woman with power and therefore the most terrifying thing Republicans can imagine — threatened<span style="background-color: rgb(255, 255, 102);"> oil industry CEOs who were giving Congress deliberately deceptive and incomplete answers</span> with “socializing… taking over and the government running all your companies.”</b></font></div><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">Immediately, Fox “News” was <a href="https://americaswatchtower.com/2008/05/25/maxine-waters-threatens-to-socialize-the-oil-companies/" target="blank" class="rm-stats-tracked" style="text-decoration-line: none; font-weight: bold; outline: none; opacity: 1; transition: color 0.25s ease 0s, background 0.25s ease 0s, opacity 0.25s ease 0s;">all over it</a>, as were dozens of rightwing sites.</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">In that, they’ve completely ignored (or never knew) the long American history of taking over industries during a time of national crisis.</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">And, as we re-enter a cold war with Russia and face unprecedented human death and property damage from <a href="https://www.npr.org/2022/02/28/1082564304/billions-of-people-are-in-danger-from-climate-change-u-n-report-warns" rel="noopener noreferrer" target="blank" class="rm-stats-tracked" style="text-decoration-line: none; font-weight: bold; outline: none; opacity: 1; transition: color 0.25s ease 0s, background 0.25s ease 0s, opacity 0.25s ease 0s;">climate change,</a> it’s hard to claim we’re not in the midst of a national crisis that has fossil fuels at its foundation.</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">We’re at least 40 years behind where we should be in dealing with the fossil fuel/global warming crisis because giant oil companies have run massive disinformation campaigns while funding the political careers of hacks in Congress willing to lie to the public for them.</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 153, 0);"><b>President Jimmy Carter, for example, declared a national crisis in 1979 and proposed legislation to create “this nation's first solar bank, which will help us achieve the crucial goal of 20 percent of our energy coming from solar power by the year 2000.”</b></font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman"><b><span style="background-color: rgb(255, 255, 102);">FDR had sold bonds to the public to fund a government corporation that would develop synthetic rubber</span> for fighter jet tires back in the day, and Carter wanted to do the same to end our dependence on fossil fuels:</b></font></p><blockquote style="margin: 1em 40px 1em -5px; border-left: 4px solid rgb(11, 13, 101); line-height: 32px; padding: 10px 20px 10px 24px; width: 602.546px; background: rgb(245, 245, 245);"><font size="4" face="Times New Roman"><i>'</i>Just as a similar synthetic rubber corporation helped us win World War II,' Carter said, 'so will <b>we mobilize American determination and ability to win the energy war.'</b>
</font></blockquote><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">In that <span style="background-color: rgb(255, 255, 102);">same </span><a href="https://www.jimmycarterlibrary.gov/assets/documents/speeches/energy-crisis.phtml" rel="noopener noreferrer" target="blank" class="rm-stats-tracked" style="text-decoration-line: none; font-weight: bold; outline: none; background-color: rgb(255, 255, 102); opacity: 1; transition: color 0.25s ease 0s, background 0.25s ease 0s, opacity 0.25s ease 0s;">July 15, 1979 speech</a><span style="background-color: rgb(255, 255, 102);">, </span><b style="background-color: rgb(255, 153, 0);">he proposed the government issue bonds t</b><span style="background-color: rgb(255, 255, 102);">hat would fund:</span></font></p><blockquote style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; margin: 1em 40px 1em -5px; border-left: 4px solid rgb(11, 13, 101); line-height: 32px; padding: 10px 20px 10px 24px; width: 602.546px;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 102);">[T]he creation of an energy security corporation to lead this effort to replace 2-1/2 million barrels of imported oil per day by 1990. The corporation will issue up to $5 billion in energy bonds, and<b> I especially want them to be in small denominations so that average Americans can invest directly in America’s energy security.</b></span>
</font></blockquote><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman"><b>It all came crashing down 42 years ago this coming January when the fossil fuel industry’s candidate,<span style="background-color: rgb(255, 153, 0);"> Ronald Reagan, replaced Carter, killed the solar bank and the bond program, and even took Carter’s solar panels off the roof of the White House.</span></b></font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 153, 0);"><b>If ever there was an industry that merited nationalization, the fossil fuel industry is it.</b> They manipulate prices to both enhance profits and swing elections, bribe their way through the halls of Congress, and pump out a steady stream of lies about climate change. All while pouring hundreds of billions into the money bins of their morbidly rich CEOs, shareholders, and senior executives.</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">America has a long and proud history of taking on companies that put profits over the public good during a time of crisis. And we could acquire controlling interest of the nation’s three largest fossil fuel players — ExxonMobil, Chevron, and ConocoPhillips — for, according to <a href="https://prospect.org/environment/nationalize-us-fossil-fuel-industry-to-save-the-planet/" rel="noopener noreferrer" target="blank" class="rm-stats-tracked" style="text-decoration-line: none; font-weight: bold; outline: none; opacity: 1; transition: color 0.25s ease 0s, background 0.25s ease 0s, opacity 0.25s ease 0s;">Robert Pollin writing at </a><a href="https://prospect.org/environment/nationalize-us-fossil-fuel-industry-to-save-the-planet/" rel="noopener noreferrer" target="_blank" class="rm-stats-tracked" style="text-decoration-line: none; font-weight: bold; outline: none; opacity: 1; transition: color 0.25s ease 0s, background 0.25s ease 0s, opacity 0.25s ease 0s;">The American Prospect</a>, fewer than a half-trillion dollars.</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman"><b>For less than a quarter of the cost of Trump’s billionaire tax cuts we could rapidly move a long way toward saving our nation and the world from climate destruction. But is it even possible? Turns out that history says an emphatic, “Yes!”</b></font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman"><b>
</b></font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">---</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">ref</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">
</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font face="Times New Roman" size="4"><a href="https://americaswatchtower.com/2008/05/25/maxine-waters-threatens-to-socialize-the-oil-companies/" style="text-decoration-line: none; font-weight: bold; outline: none;">https://americaswatchtower.com/2008/05/25/maxine-waters-threatens-to-socialize-the-oil-companies/</a></font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">
</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman"><b>Maxine Waters Threatens to Socialize the Oil Companies</b></font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman"><b>MAY 25, 2008</b></font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">tags: congress, economy, government control, oil companies, policies, Politics</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">Cross posted on Grizzly Groundswell</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">
</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">Sorry, I am a couple of days late on this one. During last week’s congressional hearing with oil executives Maxine Waters threatened to socialize the oil companies. Here is the video:</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">
</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman"> Well, she obviously realized that she slipped up by showing where she really stands politically by using the word “socialize.” She said the magic word, bit the poison pill and it was bitter. Did you see how quickly she tried to move away from that word? She then could not find the word that she really intended to use, and that word is “nationalize.” Not that nationalize is any better of a word than socialize, they both mean the same thing. What they mean is exactly what Maxine Waters went on to say, that she wanted the government to take over and run their companies for them.</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">
</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman"><b> She has admitted what many of us already know, that Democrats are socialists at heart. </b>She was then compared to, and rightfully so, Hugo Chavez and Venezuela. Of course I am sure she considered that a compliment, being compared to one of her heroes and all.</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">
</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman"> The best part of the video is watching the two people behind her as she stumbles her way through her ridiculous statement. As soon as she says the words “take over” watch the guy behind her start to smile and then hide behind her, this is followed by a woman who then enters the picture and covers her smile with her hand. They are laughing at her. Maxine Waters made a fool out of herself, but at the same time she showed us her true feelings.</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">
</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);"> What really set her off was the oil executives laying the blame of high gas prices at the foot of congress for not letting them actually drill for more oil. Oil that is plentiful on our own land. <b>China is drilling off of the coast of Florida</b> and we are not allowed to because of the environmentalists. And her answer is A GOVERNMENT TAKEOVER!</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><a href="https://www.youtube.com/watch?v=GqjFBiPMmBE" style="text-decoration-line: none; font-weight: bold; outline: none;"><font size="4" face="Times New Roman" color="#000000">https://www.youtube.com/watch?v=GqjFBiPMmBE</font></a></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman"><b>hofmeister ceo shell asked to guar pump price down if allowed to drill ? said he cd guar 5$gal now wd look cheap if cont govt congressional inaction (export oil ban?)</b></font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">fox james rosen shep? hugo chavez venezuela</font></p><p style="margin-top: 8px; margin-bottom: 8px;"><font size="4" face="Times New Roman">
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</font></div><div><font size="4" face="Times New Roman"></font></div><div><font size="4" face="Times New Roman"> CITIZENS FOR AFFORDABLE ENERGY </font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">http://mediamatters.org/research/2012/11/05/media-hide-john-hofmeisters-oil-interests-as-he/191152</font></div><div><font size="4" face="Times New Roman">
</font></div><div><p style="line-height: 1.5em; margin-top: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><strong>Hofmeister Is Currently A Director At Lufkin, Hunting PLC And CAMAC. </strong>John Hofmeister is a Director at Lufkin Industries, Inc. and the Senior Independent Director of Hunting PLC, both of which manufacture products for oil and gas extraction. Hofmeister is also listed as a director at CAMAC Energy Inc., a U.S. based oil and gas corporation that has operations in Nigeria. Hofmeister owns a significant amount of stock in both CAMAC Energy and Lufkin Industries, according to filings with the Securities and Exchange Commission. [Hunting PLC, accessed<a href="http://www.huntingplc.com/director_bios" style="outline: none; font-weight: 700; text-decoration: none; border-bottom: 1px solid rgb(204, 204, 204);">11/5/12</a>] [Lufkin, accessed <a href="http://www.lufkin.com/index.php/our-company/corporate-governance/board-of-directors" style="outline: none; font-weight: 700; text-decoration: none; border-bottom: 1px solid rgb(204, 204, 204);">11/5/12</a>] [CAMAC Energy Inc., accessed <a href="http://www.camacenergy.com/john-hofmeister.php" style="outline: none; font-weight: 700; text-decoration: none; border-bottom: 1px solid rgb(204, 204, 204);">11/5/12</a>] [U.S. Official News, 6/14/12, via Nexis] [U.S. Fed News, 9/26/11, via Nexis]</font></p><p style="line-height: 1.5em; margin-top: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><strong>Media Fail To Disclose These Current Oil Interests. </strong>According to a search of Nexis, media outlets have never disclosed Hofmeister's current oil interests while hosting him. Hofmeister is often identified as a former Shell Oil President. [Nexis search, 11/5/12]</font></p><p style="line-height: 1.5em; margin-top: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><strong>Hofmeister Is A Former Shell Oil Executive And Current Head Of Citizens For Affordable Energy.</strong> Hofmeister is currently the head of Citizens for Affordable Energy, where he often calls for expanded domestic drilling by claiming it will alleviate high gasoline prices. He held various positions at Shell from 1997 to 2008, eventually becoming the company's president. [Citizens for Affordable Energy, Accessed <a href="http://citizensforaffordableenergy.org/about/leadership/john-hofmeister.html" style="outline: none; font-weight: 700; text-decoration: none; border-bottom: 1px solid rgb(204, 204, 204);">10/30/12</a>] [Bloomberg Businessweek, Accessed <a href="http://investing.businessweek.com/research/stocks/people/person.asp?personId=13755297&ticker=RDSA:LN&previousCapId=307860&previousTitle=Texaco,%20Inc." style="outline: none; font-weight: 700; text-decoration: none; border-bottom: 1px solid rgb(204, 204, 204);">10/30/12</a>] [Citizens for Affordable Energy, Accessed <a href="http://www.citizensforaffordableenergy.org/about/key-messages.html" style="outline: none; font-weight: 700; text-decoration: none; border-bottom: 1px solid rgb(204, 204, 204);">11/2/12</a>] [<em>Fox Business</em>, Varney & Company, 2/28/11, via Citizens for Affordable Energy] [<em>CNBC</em>, SquawkBox, 1/21/11, via Citizens for Affordable Energy] [Citizens for Affordable Energy, Accessed <a href="http://www.citizensforaffordableenergy.org/about/press-kit.html" style="outline: none; font-weight: 700; text-decoration: none; border-bottom: 1px solid rgb(204, 204, 204);">11/2/12</a>] [Citizens for Affordable Energy, Accessed <a href="http://www.citizensforaffordableenergy.org/news/91/newsmaker:-hofmeister-says-u.s.-exploration-policies-to-blame-for-high-prices.html" style="outline: none; font-weight: 700; text-decoration: none; border-bottom: 1px solid rgb(204, 204, 204);">11/2/12</a>]</font></p><h2 style="margin: 15px 0px; padding: 0px 0px 2px; clear: both; border-bottom: 1px dotted rgb(0, 153, 255); line-height: 1.5em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">CNN, CBS, And Fox Hosted Hofmeister To Mislead On Gas Prices</font></h2><p style="line-height: 1.5em; margin-top: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><strong>Hofmeister Misled Viewers On Gasoline Prices Over A Dozen Times In 2012.</strong> In 2012, CNN, CBS, Fox News and Fox Business hosted Hofmeister to criticize the Obama administration's energy policies and suggest that a lack of domestic oil production is to blame for high gasoline prices.</font></p><ul style="list-style: square; clear: both; float: none; background-color: rgb(255, 255, 255); margin: 25px 0px !important; padding: 0px 0px 0px 30px !important;"><li style="border: none; float: none; line-height: 1.5em; margin: 0px 0px 10px !important; padding: 0px !important;"><font size="4" face="Times New Roman"><strong>Hofmeister Announced Support For Romney On Fox, Claimed "Absolutely The President Has Control" Of Gas Prices.</strong> Hofmeister recently announced on <em>Fox & Friends</em> that he would be voting for Mitt Romney because of President Barack Obama's energy policies. Hofmeister said that he "warned" then-Sen. Obama in 2007 that "we're headed for higher gas prices on a systematic level unless he personally gets involved in expanding the drilling of this country, opening up new access." Fox's Dave Briggs asked whether the president actually has control of gasoline prices, and Hofmeister responded unequivocally, "Absolutely the president has control--because the president, through the Interior Department, controls access to untouched domestic natural reserves that have never been touched in this country." [<em>Fox News</em>, Fox & Friends, 10/20/12]</font></li><li style="border: none; float: none; line-height: 1.5em; margin: 0px 0px 10px !important; padding: 0px !important;"><font size="4" face="Times New Roman"><strong>Hofmeister On Fox: If We Want Lower Gas Prices, "Increase The Supply." </strong>On Fox Business, Hofmeister stated, "If we really want to fix the fuel price in this country guess what? Increase the supply. How often do I have to say that to elected officials? Increase the supply." [Fox Business, <em>Cavuto</em>, 1/20/12, via Nexis]</font></li><li style="border: none; float: none; line-height: 1.5em; margin: 0px 0px 10px !important; padding: 0px !important;"><font size="4" face="Times New Roman"><strong>Hofmeister Claimed On CNN That Increasing U.S. Oil Production Would Lower Gas Prices.</strong> On CNN's <em>State of the Union With Candy Crowley</em>, Hofmeister stated that in "2011 we paid the highest average [gasoline] price throughout the year in our history" and said that to "fi[x] the problem," he would take four steps. The first step was to increase domestic oil production from 7 million barrels of oil to 10, which he claimed we could do "for decades to come." [CNN, <em>State of the Union With Candy Crowley,</em>2/26/12, via Nexis]</font></li><li style="border: none; float: none; line-height: 1.5em; margin: 0px 0px 10px !important; padding: 0px !important;"><font size="4" face="Times New Roman"><strong>Hofmeister Implied On Fox That Obama Drove Gas Prices Up.</strong> On Fox News, Hofmeister said that Obama "has taken traditional energy off the priority list until this year. Suddenly, we hear all in, all of the above. He could have been saying that for the last three years. But he has not. Im very disappointed. Im a registered Democrat. Im extremely disappointed in the lack of leadership that we have not seen. And here we are. Were going to have the highest gas prices in the history of the country this year, which will top last years gas prices." [Fox News, <em>Your World With Neil Cavuto</em>, 2/27/12, via Nexis]</font></li><li style="border: none; float: none; line-height: 1.5em; margin: 0px 0px 10px !important; padding: 0px !important;"><font size="4" face="Times New Roman"><strong>Hofmeister On CNN: "You Blame The Government [For High Gas Prices]; Don't Blame The Oil Companies."</strong> After CNN's John King listed the groups including oil companies that Americans blame for high gasoline prices according to polling, Hofmeister said, "The reality is domestic energy companies can only produce oil when they have permits to do so. The vast amount of oil is on federal land and in offshore locations. And the permits are not forthcoming. So you blame the government; don't blame the oil companies." [CNN, <em>John King, USA</em>, 3/29/12, via Nexis]</font></li><li style="border: none; float: none; line-height: 1.5em; margin: 0px 0px 10px !important; padding: 0px !important;"><font size="4" face="Times New Roman"><strong>Hofmeister On Fox: "The Way To Fix [High Gas Prices] Is Increased Supply."</strong> On Fox News, Hofmeister said, "The reason crude prices are rising and the reason gas prices are rising is we are living on the edge of supply in relationship to demand. The way to fix it is increased supply. But there is not a serious bone in the body of this administration from stem to stern on the idea of actually increasing hydrocarbon production as a matter of national policy." [Fox News, <em>Your World With Neil Cavuto</em>, 8/17/12, via Nexis]</font></li><li style="border: none; float: none; line-height: 1.5em; margin: 0px 0px 10px !important; padding: 0px !important;"><font size="4" face="Times New Roman"><strong>Hofmeister Claimed On Fox That "New Areas For Exploration" In U.S. Could Address High Gas Prices. </strong>On Fox Business, Hofmeister said, "The U.S. is the largest consumer in the world, has got to do more to take care of its own domestic needs through domestic production. We have not made any progress to speak of under federal leadership in the last three years. We have made progress on the state leadership. What we need is federal leadership to open up new areas for exploration and production, and we also need to take natural gas and convert that to a transportation fuel if we are really going to address the underlying wet blanket on the economy, which is high gas prices." [Fox Business, <em>The Willis Report</em>, 9/24/12, via Nexis]</font></li><li style="border: none; float: none; line-height: 1.5em; margin: 0px 0px 10px !important; padding: 0px !important;"><font size="4" face="Times New Roman"><strong>Hofmeister On CNN: I "Warned" Obama To Increase Drilling To Gas Prices. </strong>In a discussion on high gasoline prices, Hofmeister told CNN's Soledad O'Brien he had "warned candidate Obama that if he didn't do something immediately in his first term to dramatically increase the amount of hydrocarbons we were producing in this country, he would face incredibly high gas prices when he ran for re-election in 2012." Hofmeister claimed Obama "did not do anything" to address the issue, and, in response to a question from Roland Martin about whether consumers must change their attitude toward gasoline amid high prices, he said "we live in a country that has more energy than we'll ever use in our history and so what we need is a plan to create that energy, turn it into what we can use as power." [CNN, <em>Starting Point With Soledad O'Brien</em>, 3/29/12]</font></li><li style="border: none; float: none; line-height: 1.5em; margin: 0px 0px 10px !important; padding: 0px !important;"><font size="4" face="Times New Roman"><strong>Hofmeister On CNN: "We're The Biggest Culprit As A Nation In Not Producing More Domestic Resources." </strong>In a segment on "the blame game" surrounding high gasoline prices, Hofmeister told CNN's John King, "demands in crude oil are not being offset by rises in supply. We're the world's largest consuming country, and yet we only produce about a third of our own domestic resources to meet our local demand. We're the biggest culprit as a nation in not producing more domestic resources, when we have more than we will ever need." After King played a clip of President Obama asserting "We can't just drill our way to lower gas prices," Hofmeister claimed "the president has done nothing in three years to create a hydrocarbon plan for dealing with the need for increased domestic resources" and recommended that the U.S. "go back" to producing 10 million barrels of oil per day. [CNN, <em>John King, USA</em>, 3/2/2012]</font></li><li style="border: none; float: none; line-height: 1.5em; margin: 0px 0px 10px !important; padding: 0px !important;"><font size="4" face="Times New Roman"><strong>Hofmeister On Fox: If Government "Would Get Out Of The Way," It Would "Maybe Even Bring Down Gas Prices."</strong> Discussing an federal policies toward oil companies, Hofmeister told Neil Cavuto "it takes a practical mind to understand we how the industry works and how profits occur in an industry that has all kinds of capital expenses and pays all kinds of taxes to the government[.]" He claimed that if the government "would get out of the way of some of the opportunities to increase supply, more profits would go to work and maybe even bring down gas prices." [Fox News, <em>Your World With Neil Cavuto</em>, 4/26/12, via Nexis]</font></li><li style="border: none; float: none; line-height: 1.5em; margin: 0px 0px 10px !important; padding: 0px !important;"><font size="4" face="Times New Roman"><strong>Hofmeister Suggested On Fox That Increasing "Domestic Product" Would Lower Gas Prices.</strong>Responding to queries from Fox's Gerri Willis about rising gas prices, Hofmeister said "What really disturbs me, and here we go again, is what everybody in the industry says. All the politicians scream bloody murder as the price rises. What do they do about it? Absolutely nothing." He added, "the politicians have got to get their act together because they are the enabler of a comprehensive energy approach which could produce more domestic product, and we need more domestic product." [Fox News, <em>The Willis Report</em>, 5/25/12, via Nexis]</font></li><li style="border: none; float: none; line-height: 1.5em; margin: 0px 0px 10px !important; padding: 0px !important;"><font size="4" face="Times New Roman"><strong>Hofmeister On CBS: High Gas Prices A Sign Of "A Failure Of Government Leadership."</strong> In an exchange with CBS' Gayle King, Hofmeister suggested that high gasoline prices were a sign of both economic recovery and "a failure of government leadership." He continued, "the reason the high prices happen is were borrowing oil, were buying oil from offshore. Why do we keep buy -- buying oil offshore when we have more oil in this country than well ever use?" [CBS, <em>This Morning</em>, 6/25/12, via Nexis]</font></li><li style="border: none; float: none; line-height: 1.5em; margin: 0px 0px 10px !important; padding: 0px !important;"><font size="4" face="Times New Roman"><strong>Hofmeister Told Fox That Americans Are "Paying Through The Nose" At Pump Due To "Political" Reasons. </strong>After Fox's Neil Cavuto noted that "the pain at the pump is getting even more painful today" and asked whether it was time to drill more, Hofmeister said "The fact that we know we have domestic natural resources here, in this country, and that we are not allowed to go after them by government edict, government policy, is absurd, and the American people are paying through the nose for political whatever on the part of the administration." [Fox News, <em>Your World With Neil Cavuto</em>, 8/6/12, via Nexis]</font></li></ul><h2 style="margin: 15px 0px; padding: 0px 0px 2px; clear: both; border-bottom: 1px dotted rgb(0, 153, 255); line-height: 1.5em; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">But Experts Agree Increasing Domestic Oil Production Would Not Lower Gasoline Prices</font></h2><p style="line-height: 1.5em; margin-top: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><strong>Experts: Changes In U.S. Production Are Small Factor Given Scale Of Global Oil Market. </strong>Many economists and energy experts from across the ideological spectrum have explained that increasing U.S. oil production will not prevent gasoline price spikes. Crude oil is priced on a global market, which is influenced by much larger factors such as geopolitical strife and growing demand from Asia. [<em>Media Matters</em>, <a href="http://mediamatters.org/blog/2012/03/22/20-experts-who-say-drilling-wont-lower-gas-pric/184040" style="outline: none; font-weight: 700; text-decoration: none; border-bottom: 1px solid rgb(204, 204, 204);">3/22/12</a>]</font></p><p style="line-height: 1.5em; margin-top: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><strong>Statistical Analysis Shows No Correlation Between Gasoline Prices And U.S. Oil Production. </strong>An Associated Press statistical analysis of 36 years of data showed "no statistical correlation between how much oil comes out of U.S. wells and the price at the pump," underscoring the fact that any impact on price from changes in U.S. oil production is vastly overshadowed by other factors. A co-author of the study noted that the results "help make the point that U.S. production and demand have little to do with the price of gasoline in the U.S., and lend support to the notion that there is not a great deal we in the U.S., acting alone, can do to affect the price of gasoline[.]" [Associated Press, <a href="http://www.cbsnews.com/8301-505145_162-57401456/more-us-drilling-didnt-drop-gas-price/" style="outline: none; font-weight: 700; text-decoration: none; border-bottom: 1px solid rgb(204, 204, 204);">3/21/12</a>]</font></p><p style="line-height: 1.5em; margin-top: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><strong>Vast Majority Of Economists Confirmed Market Factors, Not U.S. Policy, Had Larger Effect On Gas Prices. </strong>In a 2012 survey of economists by the Chicago Booth School of Business, none disagreed with the statement that "Changes in U.S. gasoline prices over the past 10 years have predominantly been due to market factors rather than U.S. federal economic or energy policies." Some 95% of respondents either "agreed" or "strongly agreed" when answers were weighted by confidence. Three economists said they were "uncertain." [Chicago Booth School of Business, <a href="http://www.igmchicago.org/igm-economic-experts-panel/poll-results?SurveyID=SV_6WobHKFEZbGbS84" style="outline: none; font-weight: 700; text-decoration: none; border-bottom: 1px solid rgb(204, 204, 204);">3/19/12</a>]</font></p><p style="line-height: 1.5em; margin-top: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><strong>And Oil Production Is Actually Up Under The Obama Administration. </strong>Oil production, including on federal lands, has risen under Obama. The following chart based on nonpartisan Energy Information Administration data shows that U.S. crude oil production is at an eight-year high:</font></p></div><div><font size="4" face="Times New Roman"></font></div></div></div></div></div></div>