Recent Posts
ExxonMobil is a leading U.S. taxpayer
Last week, the false claim that ExxonMobil paid “zero taxes in 2009” made another appearance in the political arena. The facts don’t support this claim, but for many it proves too good to pass up when engaging in political theater. Claims that ExxonMobil did not pay taxes in 2009 are just plain incorrect. The myth started with a misreading of our 2009 10-K filing with the Securities and Exchange Commission, and it’s now being perpetuated for all kinds of reasons. So, let me set the record straight.
U.S. jobs from Canadian energy
As the 111th Congress wraps up its business, it’s time to look ahead – to a new year and, hopefully, to renewed economic opportunities and job growth for our economy. So, I thought I’d spend a little time talking about the opportunity to create hundreds of thousands of U.S. jobs by partnering with our neighbor to the north. Canada not only supplies the largest portion of U.S. oil imports, but its oil sands production also represents a huge opportunity for American job growth.
A trillion-dollar missed opportunity – enough to pay U.S. deficit
On the heels of the Administration’s recent decision to place a de facto moratorium on offshore drilling in the eastern Gulf of Mexico and the Atlantic, we asked readers of today’s Wall Street Journal if they knew how much that decision might cost in terms of lost government revenue.
Is the world running out of oil?
Recently, Newsweek invited its Twitter followers to suggest topics to discuss here on this blog. We had a great response and a lot of ideas. But I noticed that one theme kept coming up: Is the world running out of oil? This is a legitimate question, and one that those of us at ExxonMobil hear frequently; so, I’d like to address it.