efficiency

Using energy efficiently, investing in technology and promoting access to and global diversity of supplies are vital to long-term energy security. 

• The world market for oil is highly interconnected and diversified. This diversity enhances U.S. energy security along with open international trade and strengthening of partnerships between producing and consuming nations. Americans imported oil from more than 35 countries in 2006; two-thirds of the oil Americans consumed in 2006 was produced in North and South America.

• We are reducing the energy consumption of our own operations. Since the launch of our Global Energy Management System (GEMS) in 2000, we have identified opportunities to improve energy efficiency at our refineries and chemical plants by 15 to 20%. We have implemented more than half of these opportunities, preventing the emission of ~8 million tons of associated GHG emissions, which is roughly equivalent to removing 1.5 million cars from U.S. roads.

• We invested more than $1 billion in cogeneration projects in 2004-2005, and now have interest in about 100 such facilities in more than 30 locations worldwide. ExxonMobil's current cogeneration capacity reduces global CO₂ emissions by more than 10.5 million metric tons annually, equivalent to taking ~2 million cars off the road in the U.S.

• ExxonMobil is partnering with manufacturers, including Toyota and Caterpillar, to develop advanced fuels and vehicles to improve fuel economy and lower emissions.

• Along with other industry leaders, ExxonMobil has established a major research center at Stanford University called the Global Climate and Energy Project. It brings together some of the world's brightest minds from leading universities around the globe — to research new energy technologies that will meet the world's growing demand for energy while dramatically lowering greenhouse gases on a global scale.