Recent Posts

Our industry is essential to lifting people out of poverty and sustaining and advancing modern society. But there’s more to our work than just the products we offer.

PNG_Feature_05-2014

Doubling a nation’s GDP

Posted: May 27, 2014 by Ken Cohen

Right now, a liquefied natural gas tanker ship is on its way to Japan from Papua New Guinea (PNG), carrying the first cargo from an ExxonMobil project that has been under construction since 2010.


King Canute ordered the tides to stay back. Today, Washington calls for tides of cellulosic ethanol to roll forth. Not surprisingly, neither command is heeded.

How much do Americans pay for gasoline, and how does that compare to what consumers around the world pay for their fuel?