Wednesday, January 25, 2012

Former Houston Oil Exec Predicts $5 Gas By Election Day

HOUSTON - A former Houston oil executive predicts drivers could be paying $5 for a gallon of gas by the end of the year, and says politicians in Washington D.C. are to blam
John Hofmeister is the retired president of Shell Oil. He currently runs the non-profit group Citizens for Affordable Energy.
"It was actually December, 2010, when I predicted $5 gasoline by the end of 2012," said Hofmeister.

Dang! And I haven't purchased the Volt yet.

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