Oil Spill Crude Disaster

Jul 8, 2010 1:49 PM by Veronica White

Energy Industry Affects from Oil Spill

The future of our country's energy policies lies here in the Gulf region, according to former president of Shell Oil Company, John Hofmeister.

This oil and gas expert and founder of "Citizens for Affordable Energy" spoke at the Cajundome Thursday morning to a crowd of hundreds.

Industry advocates and international media came out to discuss energy solutions.

Hofmeister says the energy industry is in disarray and the oil spill was a wake-up call.

With Americans needing 20 million barrels of oil each day, industry experts say the country still depends heavily on oil.

"It is impossible to take oil out of our economy on a short-term basis," says Lawrence Svendson of Marlin Energy.

Hofmeister says the nation needs an energy policy that comes from right here in coastal areas, where the industry is based.

"I propose an independent regulatory commission to take over the future of energy and enable us to have a 10, 25, 50 year plan for energy so we protect our nation and protect our economy," he says.

 

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