“In terms of affordability, availability and scalability – methanol and ethanol are the best prospects to [displace oil in transportation] quickly.”
– John Hofmeister, quoted in John Holeywell, “Q&A: He Ran Shell Oil Co. – and He Thinks We Use Too Much Crude,” Houston Chronicle, September 19, 2014.
Milton Friedman once opined: “The two greatest enemies of free enterprise in the United States … have been, on the one hand, my fellow intellectuals and, on the other hand, the business corporations of this country.”
Enter T. Boone Pickens, crony capitalist extraordinaire. Enter John Hofmeister, former president of Shell Oil Co. (2005–2008), the Houston-based U.S. subsidiary of Royal Dutch Shell. [1]
Hofmeister maliciously titled his signature book, Why We Hate the Oil Companies: Straight from an Energy Insider.…