Sunday, February 08, 2004

ExxonMobil's Energy Outlook for the next quarter century

The report is here. Comments tomorrow.

Exxon Mobil Corporation said in a report released today that the world will require about 40 percent more energy in 2020 than today and consumption levels will reach almost 300 million oil-equivalent barrels per day.

"Developing reliable, affordable supplies to meet this energy demand will be an enormous challenge. Meeting future demand and developing more efficient uses of energy while taking actions to reduce greenhouse gas emissions will make this challenge even greater," said Frank Sprow, the company's vice president for Safety, Health and the Environment.

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