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ExxonMobil: All Forms of Energy Needed to Meet Growing Demand

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By Kristie Sotolongo, Hart Energy
December 13, 2013

The world will require all forms of energy over the next quarter century to meet a greater than one-third increase in demand that will be driven by population growth, improved living standards and expanded urbanization, according to ExxonMobil’s Outlook for Energy: A View to 2040, which was released December 12.

“Understanding global energy trends is absolutely critical for effective energy policy,” company chairman and CEO Rex W. Tillerson said in a statement announcing the annual forecast. “The world depends on safe, reliable and affordable energy development to support economic growth ...

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