Exxon: Bush's energy goal 'not feasible'
Oil company executive says president's aim to wean America off foreign oil is unrealistic, cites energy independence 'misperception.'
HOUSTON (Reuters) - The United States will rely on foreign imports of oil for the foreseeable future to feed its energy needs and should stop trying to become energy independent, a top Exxon Mobil Corp. executive said Tuesday. "Realistically, it is simply not feasible in any time period relevant to our discussion today," Exxon Mobil Senior Vice President Stuart McGill said, referring to what he called the "misperception" that the United States can achieve energy independence.
( Full story here )
HOUSTON (Reuters) - The United States will rely on foreign imports of oil for the foreseeable future to feed its energy needs and should stop trying to become energy independent, a top Exxon Mobil Corp. executive said Tuesday. "Realistically, it is simply not feasible in any time period relevant to our discussion today," Exxon Mobil Senior Vice President Stuart McGill said, referring to what he called the "misperception" that the United States can achieve energy independence.
( Full story here )
posted by Oil Shock at 10:00 AM
0 Comments:
Post a Comment
<< Home