U.S. should produce 2 million to 3 million more barrels a day , says John Hofmeister . The United States is the world's largest oil producer and exporter of crude oil. Shell 's $ 7.8 billion profit not excessive , company president says . But we should set a specific target . Executive says he ca n't predict how high price of oil will go .
U.S. should produce 2 million to 3 million more barrels a day , says John Hofmeister . The United States is the world's largest oil producer and exporter of crude oil. Shell 's $ 7.8 billion profit not excessive , company president says . Executive says he ca n't predict how high price of oil will go .