By John Hofmeister
As president of Shell Oil, John Hofmeister was once recognized for being a immediately shooter, prepared to problem his friends during the undefined. Now, he is a guy on a challenge, the founding father of voters for cheap power, crisscrossing the rustic in a grassroots crusade to alter the way in which we glance at strength during this nation. whereas pundits proffer fake new grants of eco-friendly strength independence, or flatly deny the lifestyles of an issue, Hofmeister deals an insider's view of what is in the back of the power businesses' posturing, and the way politicians use power incorrect information, disinformation, and shortage of data to get and remain elected. He tackles the power controversy head-on, with out regard for political correctness. He additionally offers a brand new framework for fixing tough difficulties, settling on recommendations that may result in a way forward for cozy existence, reasonable and fresh strength, environmental safeguard, and sustained monetary competitiveness.
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Extra info for Why We Hate the Oil Companies: Straight Talk from an Energy Insider
We shed some 20,000 employees in the restructurings that followed. After 24 years on the consumer side of oil, I joined Shell. I had worked in companies that paid for the consequences of energy policies舒or the lack of policy舒and I wanted to see if it was possible to make a difference on the energy producer side. I did not have the traditional petroleum engineering or geophysics background of an energy executive舒my degrees were in political science舒but I had strong global business strategic and leadership experience, a diverse background in marketing, manufacturing, and human resources, gained at top Fortune magazine舑rated companies, and I believed that sometimes an outsider can provide a fresh perspective and accomplish more舒or so I hoped.
S. deliveries were deferred. But ultimately, oil moves around the world through a trading system that balances supply with demand, and ultimately, oil would get to the United States regardless of the embargo. However, the impatience of the American people and the need for a full tank in the face of feared shortages made sure that we were short. (This is generally the case after hurricanes as well. When supplies are at risk, Americans rush to nearby gas stations to make sure they are not caught with an empty tank.
It is very difficult to obtain permits for new coal-fired power plants, nuclear plants, liquefied natural gas regasification plants, offshore drilling, new transmission lines, pipelines, switching stations, refineries, gas plants舒you name it. Even wind farms are hard to site, especially when they might affect the view of 舠important舡 people who live part time on Nantucket and other scenic locales. NIMBYism (not-in-my-backyard efforts to stop infrastructure from being built), often fomented by plaintiff law firms looking for business, seriously threatens the availability of new energy to support a growing economy.
Why We Hate the Oil Companies: Straight Talk from an Energy Insider by John Hofmeister