Recent Posts
The real deal on taxes
Yesterday’s New York Times editorial “Big Oil’s Good Deal” should not go unanswered. It falls far short of giving readers the real deal, providing an inaccurate and incomplete accounting of the oil and gas industry’s true tax burden. And if its proposals for punitive and discriminatory changes in tax policy were followed, it would mean a raw deal for America, jeopardizing job-creating investments and undermining U.S. competitiveness.
The Blackbeard well
A couple weeks ago, I talked about our Operations Integrity Management System and how we use it to manage safety and risk at our operations worldwide. Today, The New York Times ran a story that’s an example of how we put that system to work in managing risks related to drilling. The story features our experience in drilling a well called Blackbeard offshore Louisiana.
Preparing for hurricanes
With the hurricane season under way, one of the issues we face is how to help keep the nation’s energy supply moving safely and securely as a storm approaches. I thought I’d share with you some information about what ExxonMobil does to secure our facilities, protect our employees and the public, and maintain critical fuel supplies in case a hurricane threatens the U.S. Gulf Coast.
ExxonMobil/XTO closing investor’s call
For those of you interested, Rex Tillerson and David Rosenthal, our vice president of investor relations and secretary, are holding a teleconference this morning with the investment community regarding the closing of the ExxonMobil/XTO agreement. It started at 10 a.m. central, and you can access a webcast of the presentation on our website.
