Exxon

Essay by stcya360 February 2010

download word file, 2 pages 0.0

Downloaded 12 times

Exxon Mobile is the world's largest international oil and gas company. Exxon Mobile Corporation was formed in 1999 by the merging of two major oil companies, Exxon and Mobile. Exxon and Mobile were both descendants of the Standard Oil Corporation started by John D Rockefeller in 1870. As of 2007, Exxon Mobile's Reserves were at 72 billion oil equivalent barrels and are expected to last for at least another decade. Exxon currently has 38 oil refineries in 21 countries with a daily refining capacity of 6.3 million barrels (Exxon Mobile, 2010).

With a company this massive and in the industry they are in, not leaving a huge environmental footprint will be a tough challenge. There are many activities, products and services that Exxon Mobile engages in that have potentially negative effects on the environment.

A study by the US Union of Concerned Scientists reports that ExxonMobil funded 29 climate change denial groups in 2004 alone.

Since 1990, the report says, the company has spent more than $19 million funding groups that promote their views through publications and Web sites that are not peer reviewed by the scientific community. In June of 2008, the Center for Science in the Public Interest pointed out that ExxonMobil announced "for the second consecutive year" that it will cut funding to groups which promote skepticism about global warming (Source Watch, 2010). By funding climate change skepticism groups Exxon Mobile is hurting their reputation even more. Being a supporter of those types of groups is sending a message to people that Exxon does not care about the environment when they most defiantly should.

Offshore drilling, oil extraction and oil spills are all activities that Exxon Mobile engages in that are harmful to the environment. Offshore oil drilling is worse than just digging because it is drilling...