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ExxonMobil- The Real Green Energy

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The economy in the United States continues to struggle through a very sluggish recovery. We are constantly bombarded with terms like green, alternative or renewable energy sources as ways to save money and help the environment. However, there is not an alternative energy company that comes anywhere close to the revenues of the old-fashioned oil and gas industry. The “greenest” energy-as far as money goes- continues to be the multi-billion dollar oil and gas industry. What many people don’t know is that modern technology is helping this industry become more environmentally friendly. Despite gasoline prices almost doubling in the last six years, the rise of hybrid cars and a continued push to lower emissions. Americans have not slowed down on the highway or their demand for gasoline. The United States Transportation Statistics estimates that in 2012, there were 628 motor vehicles and gas per 1,000 people. This is a business that will continue to have demand despite the strength of the economy for many reasons. Demand for gasoline in the United States is just one small part of it.
ExxonMobil (XOM) is a multinational oil and gas corporation that has been around for over 125 years. It evolved from a regional marketer of kerosene in the United States to the largest publicly traded petroleum and petrochemical enterprise in the world. XOM currently employs almost 80,000 people. News.exxonmobil.com stated that 2013 earnings were $32.6 billion. While this was down 27% from
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