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By 2030, experts predict that the world will require about 40 percent more energy than it did last year. Population and economic growth in developing countries will drive most of this increase, but energy demand is expected to increase in the United States, too.

ExxonMobil is helping meet these needs by continuing to make massive investments in future energy development — $210 billion between 1991 and 2005, which exceeded our total earnings during that period.

North America	25
Africa 17	17
Europe	15
Asia Pacific/ Middle East	14
Russia/Caspian	8
Latin America/ Other	3

In the last five years alone, we have invested nearly $82 billion on six continents
to search for new supplies, build new production facilities, expand refining
capacity and deploy new, environmentally sound technologies.

And last year, our investments worldwide were a record at nearly $20 billion.
About one third of our investments over the past five years have been in North
America. Today we are unlocking the natural gas potential of Colorado’s Piceance Basin; investing in the Gulf of Mexico; progressing plans for major natural gas pipelines from Alaska and Canada to the continental United States; investing in the world’s largest liquefied natural gas project, designed primarily to supply American consumers; and growing our U.S. refinery capacity at a rate equivalent to building a new refinery every three years while processing new, cleaner fuels. Such projects
that expand and diversify domestic and global nsupply strengthen energy security.
Protecting the environment is a priority, also. That’s why we continue to invest in new technologies that not only enable us to tap new supplies, but also to reduce the environmental impacts of our global operations. These range from using drilling
technologies that result in smaller environmental footprints, to reducing energy
use and emissions at our refineries and chemical plants, to improving the
fuel economy of the cars that our customers drive.

And through our support of the Global Climate and Energy Project (GCEP) at Stanford University, we are working to identify breakthrough technologies that can deliver the energy the world needs with dramatically lower greenhouse gas emissions. Solar, hydrogen, efficient engines and carbon storage are just a few of GCEP’s current research areas.

As the U.S. economy grows, so will Americans’ energy needs. We are committed
to meet these needs through investments in energy supplies that secure America’s
future, and in technologies that help protect our environment.

ExxonMobil Corp. is one of the industry leader in the energy and petrochemical business. Petroleumworld not necessarily share these views.

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