03/26/2008 10:31 pm ET Updated May 25, 2011

My Conversation with John Hofmeister, President of Shell Oil

John Hofmeister is president of Shell Oil Company, the U.S. division of Royal Dutch Shell. Shell reported global earnings of $27.6 billion last year and is the second largest public oil company in the world. He's also been highly vocal about the environment and proclaimed his support for the global warming argument and called for the U.S. government to place caps on CO2 emissions. Hofmeister also advocates increased drilling on U.S. territories in order to relax our dependence on OPEC and foreign supply.