ExxonMobil president sees long-term energy changes

01/03/2005
Long-term changes are under way in global energy market that will affect all Americans and the US energy industry of the future, said Rex W. Tillerson, president of ExxonMobil Corp."Our outlook for energy demand results from what we see as likely economic growth and what we expect from continuing advances in energy efficiency," said Tillerson at a joint Dec. 8 meeting of the Independent Petroleum Association of America and the Texas Independent Producers and Royalty Owners Association in Houston. He referred to a projection of energy supply and demand through 2030 that ExxonMobil released Dec. 2."We see energy demand growth a bit less than 2%/year, which is about what it has been during t...
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