The United States is a leading producer of oil and natural gas, which is allowing for historic new investments in U.S. manufacturing.

ExxonMobil plans to invest more than $50 billion over the next five years to build and expand manufacturing facilities in the U.S. This includes the Growing the Gulf initiative, which will create about 45,000 jobs in the United States.

The Growing the Gulf initiative includes 11 major chemical, refining, lubricant and a liquefied natural gas (LNG) projects in Texas and Louisiana, representing $20 billion in total economic activity.

• New and abundant sources of domestic energy supplies in the U.S. are providing a competitive advantage with lower energy costs and abundance of raw materials used in the manufacturing process.
• ExxonMobil is investing in new refining and chemical-manufacturing projects in the U.S. Gulf Coast region to expand its manufacturing and export capacity.
• Investments for the 11 projects in the Growing the Gulf initiative began in 2013 and are expected to continue through at least 2022.
• The 11 projects will create over 45,000 jobs. Many of these are high-skilled, high-paying jobs averaging $100,000 a year.

As society continues to advance and address multiple important issues – such as alleviating poverty, expanding economic development, and providing billions of people with basic energy access and improved living standards – the demand for affordable and reliable energy across the global economy is expected to grow substantially. 

Providing the energy the world needs, while limiting environmental impacts, including the risks of climate change, is an important dual challenge.   Advances in technology will be instrumental in providing energy solutions designed to reduce greenhouse gas emissions at the lowest societal cost possible.

Since 2000, ExxonMobil has invested more than $10 billion to develop and deploy higher-efficiency and lower emissions energy solutions across our operations. These emissions reduction programs have eliminated or avoided 400 million tonnes of CO2 which is equivalent to the energy-related CO2 emissions associated with about 55 million U.S. homes.

We also continue to encourage policy that addresses the risks of climate change at the lowest cost to society, through transparent, economy-wide pricing mechanisms that best incentivize and reward new technologies and innovations.  We have long supported a uniform price of carbon applied consistently across the economy (such as a carbon tax) as an approach that is consistent with these policy principles.

• ExxonMobil is conducting fundamental research aimed at developing energy solutions that have the potential to provide affordable energy and reduce emissions at a global scale in the key energy-using sectors:
  • For the industrial and power sectors, we are researching new CO2 capture technologies as well as improved subsurface CO2 storage capabilities.
  • For transportation, we continue to progress research on advanced biofuels and renewable diesel. Supplying lower-emission fuels is part of ExxonMobil's ongoing efforts to help our customers reduce their carbon footprint.
  • We are also targeting additional breakthrough low-carbon research in the industrial area.
• Our company employs more than 2,200 Ph.D. scientists who are working to develop breakthrough technologies and help address the risk of climate change.
• ExxonMobil partners with approximately 80 universities around the world to broaden awareness of energy developments and support technology breakthroughs to reduce greenhouse gas emissions and improve energy efficiency.

Methane is the primary component of natural gas. The energy industry works hard to limit methane emissions, not only for environmental reasons, but also to capture more of the gas for sale.

ExxonMobil is one of the world’s leading natural gas producers and marketers. Therefore, it is important to limit methane emissions from the natural gas value chain, in order to maintain comparative benefits over other energy sources.

We continue to test ideas we hope will result in additional innovations, introduce new and better equipment, and improve how we design facilities.

• Methane emissions in the United States have plunged in recent years, even as natural gas production has soared.
• Natural gas produces roughly half the greenhouse gas emissions as coal when used for large-scale electricity generation, and also fewer emissions of sulfur dioxide, mercury and other air pollutants.
• The increased use of natural gas in power generation is one of the leading reasons why U.S. greenhouse gas emissions are at their lowest levels in decades.
• ExxonMobil has implemented several voluntary measures to reduce methane emissions from our production and midstream facilities across the United States.

Extracting oil or natural gas from shale, tight sandstones or coal beds requires drawing the resource through openings about one half the width of a human hair. Hydraulic fracturing, or "fracking", uses water pressure to create hairline fractures in rocks deep underground so oil or natural gas can flow through a well to the surface.

Once the well is drilled, the fracking process begins. Hydraulic fracturing fluid, mainly water and sand, is pumped down the well to create tiny fractures in the rock well below the surface.

Once drilling and fracking are complete, and resources are flowing, the producing wellhead will remain in this state for the rest of its producing life, which can be 20 to 30 years.

• With industry working closely with regulators and local communities, oil and natural gas development through hydraulic fracturing has proven to be safe and effective.
• Hydraulic fracturing has enabled significant economic growth, generated billions of dollars in new government revenues and supported millions of high-paying jobs in the U.S.
• After decades spent as an energy importer, the United States is now a net exporter.
• Because fracking has unlocked significant natural gas resources previously untapped, the United States is shifting much of its power generation capacity from coal to clean-burning natural gas.

Smart regulations help protect public health and the environment, but ineffective, unnecessary regulations cost jobs, undercut growth and undermine competitiveness.

Systematic flaws in the regulatory framework result in smaller paychecks for regular Americans, higher consumer bills and lost jobs.

Commonsense reforms to improve the transparency, accountability and objectivity of regulations would enable more effective enforcement, maximize public health and welfare, and minimize economic costs.

ExxonMobil supports smart regulations that are effective, equitable, and evidence-based rules that ultimately benefit society.  Their implementation should be consistent and transparent, and not inappropriately impact jobs, growth or competitiveness.

We support regulatory process improvements to simplify rules, increase transparency and streamline oversight and enforcement. Risk assessments, cost-benefit analyses and peer reviews should be part of any smart environmental regulation.

Technologies don’t currently exist in order to meet future energy demand while reducing emissions across the transportation, industrial and power sectors in meaningful ways.

This partnership promotes innovation and collaboration, which are integral to finding lower-emissions energy solutions that can be deployed on a commercial scale.

The agreement is one of the largest between the Department of Energy’s laboratories and the private sector. It will stimulate collaborative projects between ExxonMobil and the laboratories and facilitate work with other national laboratories.

The investment will further ExxonMobil’s efforts to advance fundamental science, leading to emissions reduction solutions that can be applied globally.

ExxonMobil is investing up to $100 million over 10 years to research and develop advanced lower-emissions technologies with the U.S. Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory.

The joint research supported by this investment will work to develop energy efficient and greenhouse gas mitigation technologies and will also focus on reducing emissions from fuels and petrochemicals production.

This collaboration is one of many partnerships ExxonMobil has established to promote innovative lower-emissions research programs. Thus far, ExxonMobil has partnered with over 80 universities, five energy centers, and multiple private sector partners. Since 2000, the company has spent more than $9 billion to develop and deploy lower-emissions energy solutions.

Pipelines are an essential part of American infrastructure that we all depend on for affordable and reliable energy supplies across the country. 

In the United States, there are over 3 million miles of pipelines helping to move crude oil, natural gas, gasoline, diesel fuel and other petroleum products safely to consumer markets.

Pipelines are tightly regulated in the United States.  Government agencies that regulate the industry include the U.S. Pipeline and Hazardous Materials Safety Administration, the U.S. Environmental Protection Agency, and the U.S. Federal Energy Regulatory Commission.

• Pipelines support American manufacturing, not only through construction but also by delivering low-cost energy to industrial consumers.
• Pipelines support hundreds of thousands of jobs in the United States.
• Investing in energy infrastructure like pipelines is necessary for the United States to remain the world’s largest oil and natural gas producer.
• Pipelines help keep energy affordable for American families.
• Pipelines deliver energy safely to households and businesses, even in some of the most remote locations.

New Mexico is one of the United States’ leading oil and gas producers, ranking 3^rd in annual oil production and 9th in annual natural gas production. With production concentrated in two areas—the Permian Basin in the southeast and the San Juan Basin in the northwest—the industry brought in more than $3.1 billion to New Mexico’s economy in 2019.

• Oil and gas activity contributes more than one-third of the critical funding for New Mexico public schools, infrastructure, health care and public safety in the state.
• The oil and gas industry provides more than $1 billion of education funding to New Mexico schools each year – that’s over one-third of the total education funding in the state.
• The energy industry provides local jobs and helps grow New Mexico’s economy. Prior to COVID-19, more than 100,000 New Mexicans worked in the oil and gas industry. As the nation goes back to work, the industry will continue to play an important role in economic recovery.
• The oil and gas industry continues to innovate and develop new technologies to reduce emissions. In fact, ExxonMobil is conducting field trials of eight emerging methane detection technologies at nearly 1,000 sites in Texas and New Mexico to further reduce methane emissions. ExxonMobil is also on track to reduce flaring by 25 percent and methane emissions company-wide by 15 percent by the end of 2020, compared to 2016 levels.

ExxonMobil’s employees are the backbone of exciting advancements that help benefit your family and communities, such as helping increase the types of plastics that could be recycled. Our team members, like Stephanie Westbrook, are helping to scale up the recycling of more types of plastics.

Stephanie Westbrook, a technologist serving in the advanced recycling sector describes herself as the “trash collector.” Stephanie is responsible for receiving waste plastics from all over the world and analyzing the ability to process them through ExxonMobil’s advanced recycling technology.

Stephanie spends her day invested in a process called elemental mapping where she prepares every material the team receives for extensive elemental analysis and compiles a rapidly expanding database of more than 700 different plastic waste samples.

From sterile syringes at your doctor’s office, to the dashboard in your car, to the bag that holds the shredded cheese for your baked potato, so many everyday items are made from plastic, but many are not recycled – and Stephanie’s vital work is helping to expand our capabilities to recycle more types of plastic products.

To learn more about the people behind our advanced recycling efforts, and to stay up to date on major industry advancements, join the Exxchange community today!

At ExxonMobil, we pride ourselves with carrying out the technological advancements that help benefit communities and help drive efforts to expand the types of plastics that can be recycled. We couldn’t do that without the skills and support of our world-class employees like Matthew McConomy.

After graduating with his master’s degree in chemical engineering, Matthew landed his dream job at ExxonMobil.

Today, his work as a field engineer centers on helping to develop new systems that could change the way plastics are recycled. By leveraging his background in chemical engineering, Matthew has helped develop new solutions that may impact the industry. He has been fundamental to the Baytown, Texas facility team that has processed nearly 15 million pounds of plastic waste – with plans for much more!

Matthew attributes his role in advanced recycling with inspiring his long-term focus: How can we create best practices here in Baytown that our colleagues elsewhere can leverage at their sites? He has found his passion in helping to develop new systems that could change the way plastics are recycled around the world.

To learn more about the people behind our advanced recycling efforts, and to stay up to date on major industry advancements, join the Exxchange community today!

As a senior sustainability advisor at ExxonMobil, Melanie Bower is supporting policy solutions that will allow advanced recycling to be used as technology in the recycling space. Mechanical recycling cannot handle all plastics, whereas advanced recycling converts difficult-to-recycle plastic waste into raw materials that can be used to make new products, including virgin quality plastics necessary for food and medical packaging. 

As a seventh generation Floridian, Melanie has seen first-hand the challenge plastic waste imposes on all of us:

“When you go to an environment such as the beach and you see plastic waste you want to do what you can to help address it. It’s really important that we, as a society, do what we can to help address the challenge of plastic waste.”

Melanie’s Ph.D. in chemistry has allowed her to advocate for complex public policies that could help bring about scalable solutions to ExxonMobil’s advanced recycling initiatives. She believes advanced recycling is a key part of the solutions needed to address plastic waste and keep plastics where they belong – in our economy and out of our environment.

“Advanced recycling is just a really motivating space to be part of and to demonstrate how we as a company are helping providing solutions for the world to address plastic waste.”

To learn more about the people behind these efforts and to stay up to date on major industry advancements, become an Exxchange member today!

As a senior sustainability advisor at ExxonMobil, Melanie Bower is supporting policy solutions that will allow advanced recycling to be used as technology in the recycling space. Mechanical recycling cannot handle all plastics, whereas advanced recycling converts difficult-to-recycle plastic waste into raw materials that can be used to make new products, including virgin quality plastics necessary for food and medical packaging. 

As a seventh generation Floridian, Melanie has seen first-hand the challenge plastic waste imposes on all of us:

“When you go to an environment such as the beach and you see plastic waste you want to do what you can to help address it. It’s really important that we, as a society, do what we can to help address the challenge of plastic waste.”

Melanie’s Ph.D. in chemistry has allowed her to advocate for complex public policies that could help bring about scalable solutions to ExxonMobil’s advanced recycling initiatives. She believes advanced recycling is a key part of the solutions needed to address plastic waste and keep plastics where they belong – in our economy and out of our environment.

“Advanced recycling is just a really motivating space to be part of and to demonstrate how we as a company are helping providing solutions for the world to address plastic waste.”

To learn more about the people behind these efforts and to stay up to date on major industry advancements, become an Exxchange member today!

Beneath the world's ocean, there is an abundance of oil and natural gas. This energy source plays a significant role in our economic growth and providing reliable, affordable energy for the United States. 

Offshore drilling in federal waters is tightly regulated by the U.S. Department of the Interior's Bureau of Ocean Energy Management and Bureau of Safety and Environmental Enforcement.

• Offshore drilling supports hundreds of thousands of jobs. By 2025, it is projected that the offshore oil and gas industry will support around 401,868 jobs in the Gulf of Mexico alone.
• In 2018, offshore oil and gas operations in federal waters contributed more than $30 billion into the United States economy.
• Offshore drilling keeps energy affordable for American families. 
• Investing in offshore drilling helps the United States stay a top exporter of oil and natural gas. 

America’s economy is linked in so many ways to the energy industry— this link is particularly strong with oil and natural gas. As we continue our economic recovery, we want to share more with you about the scale of impact the industry delivers. Check out the video above and click “Why is it important” to learn more!

• Supports millions of American jobs – In the beginning of 2020, the oil and natural gas industry supported approximately 12.3 million American jobs.
• Powers the manufacturing industry – Oil and natural gas contribute hundreds of billions of dollars to American manufacturing – supporting local jobs, infrastructure development, and economic growth.
• Keeps energy affordable – Due to increased energy production, lower oil and natural gas prices helped save American families an average of $2,500 per year. Those are cost savings that can go toward other necessities like health care and transportation.
• Funds schools, hospitals and roads – Between 2012 and 2025, the oil and natural gas industry is projected to provide $1.6 trillion in federal and state tax revenue – vital funding that supports schools, hospitals and public infrastructure across the country.