Exxon Is Right Again, Bloomberg, Oil and Gas Will Be Needed for Decades to Come
By
Linnea Lueken
October 8, 2025
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A recent article from Bloomberg, carried by Rigzone, describes Exxon/Mobil Corporation’s (Exxon) plan to continue investing in and developing oil and gas resources well into the future. This is welcome news, as Exxon is right that oil and gas will be needed for a very long time, not just for transportation fuels and to generate electricity, but for other uses as well.
The article, “Exxon Says Demand Makes Case for Fossil Fuel Growth,” reports on the company’s promise to continue pursuing growth in their oil and gas projects between now and 2050, with no plans to slow or halt investments or operations.
Bloomberg reports that Exxon “is not concerned with ‘chasing the narrative of the week’ but will invest in oil and gas projects that it believes will be needed for decades to come.”
https://climaterealism.com/2025/10/exxon-is-right-again-bloomberg-oil-and-gas-will-be-needed-for-decades-to-come/