...MR. HOFMEISTER: Tim, on Friday, I was in Dallas on the first city of a 50-city tour that Shell has begun to try to take the message of energy security through energy diversity to the American public. We think we need to do a better job of explaining what we’re up to. And what we can talk about in this country, in terms of energy security—I think energy independence is going too far—but in terms of energy security, we can deal with conventional oil and gas, we can move over to unconventional oil and gas—such as the oil sands in Canada or the oil shale in Colorado—we can then move into the LNG world, bringing a lot of liquified natural gas into this country. We can move into coal gasification, clean coal, turning coal into gas, gas into electric power. Much cleaner than most current power-generating stations. Then we can get into the alternatives, the alternatives of wind, solar, biofuels, hydrogen. There’s so much we can do in this country, and we’re actually working on all of that. And I look forward to taking that message forward.
MR. RUSSERT: Do you agree with the president that we’re addicted to oil?
MR. HOFMEISTER: I think we’re entirely oil-based in our economy the way we’re currently structured, and I think we will be for decades to come. And there’s plenty of oil out there to keep the economy moving. And we can go develop it if we had public policy to support the access we need to get more oil in the United States.[continued]
