At the recent Clinton Global Initiative Annual Meeting, ExxonMobil hosted an engaging discussion on increasing economic opportunities for women around the world. We were delighted that Dr. Condoleezza Rice and Cherie Blair joined us to offer their insights on the challenge of developing business leadership and entrepreneurial skills among women of various cultures.
Public opinion polls show that New Yorkers increasingly favor responsible development of the Marcellus Shale’s enormous natural gas resources. But despite rising support, the issue of whether to open the Empire State’s portion of the Marcellus is attracting opposition, including celebrity activists. In such cases of public disagreement, it is more important than ever for sound science to inform and guide our energy policies.
Recent price spikes have led a number of California politicians to call for inquiries into alleged market manipulations. We agree California’s energy markets are being distorted – but what deserves investigation and public debate are the policies that have put California motorists in such a precarious position. Recent events are a reminder that government policy can have unintended effects on energy markets.
Developing Canada’s oil sands requires water to produce steam. For years the industry has relied on both groundwater and surface water sources. From the start, we have looked for ways to do more with less. So ExxonMobil’s long-term investments and research with our Imperial Oil affiliate have led to state-of-the-art water recycling techniques that have dramatically reduced the water requirements for oil sands production.