John Hofmeister tells Stuart Varney to Expect $5.00 Gas

Is $5.00 Gas Coming in 2013?

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Yesterday afternoon, I told you that John Hofmeister would be appearing on Stuart Varney's show, Varney & Co.

Despite his giddiness over tar sands, which no matter how you spin it presents a massive environmental burden, Hofmeister's analysis was sound. I do wish he would've offered up his recent thoughts about transitioning away from internal combustion, but I suppose in less than five minutes of air time, you can only say so much.

You can check out Hofmeister's appearance below:


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