How can America create more jobs? It’s a question a lot of people are asking on the heels of another highly disappointing jobs report from the Labor Department – and in advance of the president’s jobs-focused speech this evening. No matter how many differences of opinion there are in Washington on a wide range of issues, I think everyone agrees that what our nation needs is solid growth in sustainable, long-term employment. Two compelling proposals released in the past two days tell us just how to do that.
It’s been just a little over a year since I launched the Perspectives energy policy blog, and I want to thank everyone who has taken the time to read and comment on my posts. Now, I’m pleased to announce that, in addition to maintaining the blog, I’ll be continuing the policy discussion on Twitter.
As you may have read, ExxonMobil recently signed an agreement with Russian oil company Rosneft to jointly explore for and produce oil in Russia, the United States and other parts of the world. For more than 15 years, we’ve partnered with Rosneft on the successful Sakhalin-1 project, which has produced hundreds of millions of barrels of oil for export to world markets since start up. We look forward to further achievements with Rosneft in this latest venture, which not only benefits our two companies, but also the growing number of energy consumers around the world who depend on affordable and reliable supplies of energy.
When the Department of Energy panel on hydraulic fracturing released its 90-day report on shale gas production, I mentioned a few areas of concern. But one finding from the report where we can agree is the importance of disclosing the composition of fluids used in the hydraulic fracturing process.