Hofmeister Says More Offshore Oil Access Good for US: Video

March 31 (Bloomberg) — John Hofmeister, former president of Royal Dutch Shell Plc’s US unit and chief executive officer of Citizens for Affordable Energy, talks with Bloomberg’s Margaret Brennan about the outlook for offshore oil exploration. President Barack Obama said today he will allow oil and natural-gas drilling off the US East Coast and cancel development in Bristol Bay, Alaska. (Source: Bloomberg)

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