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Exxon, Chevron, Shell look to pump Ethanol, Alternative Fuels

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Exxon, Chevron, Shell look to pump Ethanol, Alternative Fuels

Posted April 15 2009 10:16 AM by RimZ 
Filed under: Gas Prices, Hybrid Cars


Each large U.S. oil company's position on energy efficiency reflects its distinctive corporate personality, but the companies have much in common. ExxonMobil Corp., Chevron Corp., Shell Oil *** ConocoPhillips Corp., and BP America all support efficiency and the use of alternative fuels (bio fuels, solar, and wind) to different degrees.


This article will appear in the April edition of eJournal USA, "Energy Efficiency: The First Fuel."

ExxonMobil, in keeping with its conservative business approach, may have been slow to fully embrace the green mantra but now is an advocate. At a congressional hearing last year, Representative Edward Markey (Democrat-Massachusetts) accused the company of resisting the development of renewable fuels during the same period that the other four companies spent $3.5 billion on solar, wind, biodiesel, and other alternatives.

Rex Tillerson, ExxonMobil's chairman and chief executive officer, affirmed the company's commitment to energy efficiency during a 2008 talk at the World Petroleum Congress in Madrid. He observed, "Energy efficiency means using energy wisely - from employing advanced technologies to exercising common sense in using energy. It means doing the same - or more - with less."


Read More at NewsBlaze.com

 

 



 
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