EnergyFactor By ExxonMobil | Pespectives has a new home

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For former astronaut Dr. Sally Ride, it was her high school science teacher, Dr. Mommaerts. In an op-ed featured this week on Mashable.com, Ride celebrates Teacher Appreciation Week by talking about Dr. Mommaerts’ efforts to not only teach her about science, but to give her the confidence to believe she could do anything – including becoming the first American woman to travel in space. It’s that all-important combination of competence and confidence that teachers must possess in order to pass it along to their students. And as Dr. Ride mentions in her op-ed, those are the skills we want to help teachers further develop at the Sally Ride Science Academy, a key element in ExxonMobil’s commitment to math and science education in the U.S.

We’re currently having an interesting discussion in the United States — one that few would have thought possible a decade ago. Americans are talking about the recent upswing in U.S. oil and natural gas production – and how it can benefit the U.S. economy and U.S. energy security. Technology developed by the industry has opened up vast energy resources across the country, from shale gas and tight oil to deepwater oil and gas. They’re also talking about what these new supplies mean for the United States when it comes to energy trade – what we import and what we export.


Earlier today, we announced our first-quarter results, which included global earnings of $9.5 billion. This is a large number, but it’s only when you compare it to our revenues that you get a more accurate picture of our profitability relative to other industries. Our global revenues were $124 billion in the first quarter, which means ExxonMobil earned 7.6 cents for every dollar of sales.

A U.S. election season … the summer driving season … political instability in some parts of the world … and upcoming earnings results for oil companies. This is the backdrop against which consumers are hearing a lot of commentary about gasoline prices and energy policy. It can sometimes be tough to tell reality from rhetoric. So I thought I would recap a few key stats about gasoline, crude oil and the companies producing it.


  • Worth a deeper look...