Do We Need a Federal Reserve for Energy? - John Hofmeister

Complete video at: http://fora.tv/2008/10/16/Is_Big_Oil_Part_of_Our_Energy_Problem_or_the_Solution_ John Hofmeister, former CEO of Shell Oil Co. and founder of Citizens for Affordable Energy, advocates for the creation of a National Energy Resources Board -- a non-partisan, non-political organization that could develop and oversee long-term plans for energy reform. ----- John Hofmeister, former CEO of Shell Oil Co. and founder of Citizens for Affordable Energy, suggests that America's current energy crisis is due to an inherent flaw in the U.S. government, and that fairly radical steps may need to be taken to remedy it. John Hofmeister was appointed Shell US Country Chair and president of Shell Oil Company in March 2005. Prior to that, he was senior vice president of corporate affairs and human resources for Shell Oil Company.Prior to joining Shell, Hofmeister served as vice president of International Human Resources for AlliedSignal Inc. He was responsible for developing and implementing AlliedSignal's Asian and European human resources strategy and infrastructure for its Aerospace, Automotive and Engineered Materials businesses. Hofmeister currently serves on the boards for the American Petroleum Institute and the National Urban League. He is also a member of the National Academy of Human Resources and is chairman of the Advisory Committee of the Center for Advanced Human Resources Studies at Cornell University.He received a bachelors and master degrees in political science from Kansas State University.