EnergyFactor By ExxonMobil | Pespectives has a new home

Recent Posts

It’s a new year, and we have a new Congress – but unfortunately a lot of the same misinformation about energy taxes and subsidies is still circulating in public debate. Many journalists and pundits keep repeating the line that oil and gas companies receive more energy subsidies than other forms of energy, especially renewables. It’s an old line, and more importantly, it’s not true according to a range of U.S. government reports.

Striking a regulatory balance

Posted: January 19, 2011 by Ken Cohen

In his op-ed in yesterday’s Wall Street Journal (“Toward a 21st-Century Regulatory System”), President Obama opened with the following statement: “For two centuries, America’s free market has not only been the source of dazzling ideas and path-breaking products, it has also been the greatest force for prosperity the world has ever known.” We could not agree more. Free markets drive innovation and growth across all sectors of our economy, including the energy sector.


I talked earlier this week about how crude oil prices have increased about 15 percent over the past year, which reflects a trend in rising commodity prices across the board in 2010. Not surprisingly, this means that gasoline prices are also up, because crude oil is the single-largest factor in determining the price at the pump in the U.S. But just how much does the price of crude impact U.S. gasoline prices?

Fix education, fix the future

Posted: January 12, 2011 by Ken Cohen

Speaking at a conference hosted by The Academy of Medicine, Engineering and Science of Texas late last week, our chairman and CEO, Rex Tillerson, made an interesting statement that I think has implications for U.S. policy as we usher in a new Congress.


  • Worth a deeper look...