OIL AND GASOLINE PRICES COULD DOUBLE BY THE FALL, SAYS EX-SHELL CEO

Enjoying those prices at the pump? You might not want to get used to them. A former top oil executive says the price of gas at the pump could double by the end of the year. In an interview with CNBC, former Shell Oil President John Hofmeister predicts that U.S. oil could skyrocket from the current levels under $48 a …