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ExxonMobil sees growing role of natural gas by 2030

02/07/2011
Nick SnowWashington EditorGlobal energy demand will increase by about 35% in 2030 from 2005 levels as natural gas becomes the world's second-largest energy source behind oil, ExxonMobil Corp. said as it released its latest yearly energy outlook. Use of gas and other less carbon-intensive forms of energy, combined with greater energy efficiency, will help mitigate the higher demand's environmental impacts, it added."The forecasts show a shift toward gas as businesses and governments look for reliable, affordable, and cleaner ways to meet energy needs," ExxonMobil Chief Executive Officer Rex W. Tillerson said. "Newly unlocked supplies of shale gas and other unconventional ene...
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