Former Shell Leader: $80/BBL Oil Still Possible by End of Year

SUGAR LAND--May 9, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--John Hofmeister is sticking to his guns. The former president of Shell Oil Company--the U.S.-based subsidiary Royal Dutch Shell plc (NYSE:RDS-A) (The Hague, Netherlands)--and founder of Citizens for Affordable Energy maintains oil prices could reach $80 per barrel by the end of this year or early next year. Within this article: View on the future of oil prices.