US has long way to go: Hofmeister on oil independence

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US has long way to go: Hofmeister on oil independence

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US has long way to go: Hofmeister on oil independence

by CNBC Videos 2:25 mins

The U.S. has a bounty of natural resources, says John Hofmeister, CEO of Citizens for Affordable Energy. He says "we have pockets of prosperity" growing all over the country because of its development, and discusses his plan to shift to natural gas fue...

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