Hot Topics

API opposes Waxman-Markey climate change legislation

The Waxman-Markey climate change legislation will drive up the cost of gasoline and other petroleum fuels for consumers and businesses and should be set aside, API President Jack Gerard said in a letter to Congress. Click here to read Gerard’s letter.

Oil Company Earnings and Prices

Our quarterly document “Responding to World Energy Needs” has been updated This background paper provides basic information on global energy markets, energy prices and ExxonMobil’s multi-billion dollar capital investments to meet future energy needs. We hope you find this resource useful as you consider the policy debates surrounding energy, and in discussions with your friends and family. Open the PDF...

Notice Regarding Mis-addressed Letters Sent to U.S. Retirees

ExxonMobil Public Affairs has discovered an error in the letters sent recently to U.S. retirees. We sincerely apologize for the confusion this inaccuracy may have caused. We also want to assure all retirees that no retiree benefits are impacted in any way by this error. Click here for more information.

In The News

Tim Cejka on the Importance of Access U.S. Energy Resources

Tim Cejka, president of ExxonMobil Exploration Company, testified before the House Committee on Natural Resources on Capitol Hill on February 25. In his testimony, he discussed how increased access to U.S. energy supplies will strengthen U.S. energy security, create jobs for more Americans, stimulate the U.S. economy and increase revenues to federal and state governments. He also discussed how the energy industry can help achieve these objectives in an environmentally responsible way. Read Cejka’s Testimony here.

Rex Tillerson Discusses the Global Energy Challenge

In January 2009, CEO Rex Tillerson outlined the energy challenge facing America and the world in a speech to the Woodrow Wilson International Center for Scholars. Global energy demand is expected to be 35 percent higher in 2030 than it was in 2005 despite the current economic slowdown, efficiency improvements and growth in alternative energy sources such as wind and solar. Tillerson said that national and international energy and environmental security can be achieved through policies that support innovation, competition and free trade. Read the full speech here.