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Article: Big Oil's State of Denial.(Exxon Mobil Corp.)(Editorial)
- Article from:
- U.S. News & World Report
- Article date:
- June 9, 2008
- Author:
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Copyright informationCOPYRIGHT 2008 All rights reserved. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Harold Evans
Who speaks for John D. Rockefeller?
Is it Rex Tillerson, the chairman of the board and chief executive officer of Exxon Mobil, who presides over the forest of oaks that began in 1870 in Cleveland as Rockefeller's little acorn known as Standard Oil?
Or is it the descendants who speak for the grand old man (1839-1937), who invoke the family name in their efforts to make Exxon more positive about global warming and more aggressive in the pursuit of renewable energy sources?
Tillerson is in the Rockefeller mode, Mark I. He knows how to make money. For the first quarter, Tillerson turned in a profit of nearly $11 billion. It's the kind of ...