Is Shell Trying To Swing The 2012 Election?

Former Shell Executive Predicts $5 a Gallon Gas Prices and a Potential Political Crisis for Obama

Former Shell Oil president John Hoffmeister has been gaining considerable news attention this week for his warning that gas prices might reach $5 a gallon by the 2012 election. His efforts at elevating attention to national energy policy are perfectly timed to take advantage of the year’s slowest news week, pegged to Holiday travel as well as a 2010 end-of-the-year high in gas prices which have crested to 3.052 a gallon nationally, the highest ever for the Holiday week.

Translation: “President Obama, let us drill more or we will sink your reelection in 2012”


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