Former Shell CEO Plays Nostradamus (Again) with $5 Warnings
Another oil executive reminds us that $5 gas is right around (another) corner
Some people just don’t enjoy us having nice things.
Take John Hofmeister, pictured here on FOX Business News discussing gloomy forecasts for rising oil and gas prices. As you can see, he is the former president of Shell Oil. He knows a thing or two about the roller coaster of death we know as “gas prices” in America. In 2010, he predicted gas prices would spike as the global demand for oil would increase. In 2012, he returned with predictions of “better than a 50 percent chance” that barrels of oil would surpass $120 a barrel.
He
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in