All Posts from March, 2011
America’s natural gas is reinvigorating the U.S. petrochemical sector, too
To see how innovation in one industry can open doors in another, take a look at a speech given last week by Steve Pryor, president of ExxonMobil Chemical. We already know that rising U.S. natural gas production is strengthening the economy by creating jobs and tax revenue. But in Steve’s speech, you’ll see it also is providing a big boost to the U.S. petrochemical industry.
Long-term energy investments highlighted at NYSE meeting
Today I was in New York attending ExxonMobil’s annual meeting with analysts at the New York Stock Exchange. Each year, we take this opportunity to review our previous year’s performance and preview upcoming projects for analysts interested in evaluating the financial and strategic standing of our company. But a lot of the information shared during this meeting is of importance to everyone, not just analysts.
Celebrating International Women’s Day
In recognition of yesterday’s International Women’s Day, Secretary of State Hillary Clinton wrote about the importance of investing in women’s empowerment as a strategy for promoting social stability, job creation and economic growth around the world. We were honored that Secretary Clinton cited ExxonMobil as an example of a U.S. business that has embraced the mission to invest in women’s economic opportunities, specifically by training women entrepreneurs.
Energy security – the real goal
Over the next couple of weeks, I’m going to be blogging about U.S. energy security and the ways we can strengthen it. This is a topic that interests many Americans, and particularly so at a time of international geopolitical unrest. The term “energy security” is often confused with “energy independence” – but they’re very different concepts. The reality is that pursuing energy independence would not enhance our energy security – and, in fact, could undermine it.
Critical energy issues for discussion with Secretary Salazar
Today, Interior Secretary Ken Salazar will appear before a hearing of the House Natural Resources Committee, which comes directly on the heels of his testimony yesterday before the Senate Energy and Natural Resources Committee. Both hearings provide a good opportunity for the Secretary and committee members to discuss some critical issues about energy policy that are getting more and more attention as the situation in the Middle East remains uncertain and gasoline prices remain volatile.
