ExxonMobil News Release (Mock)

For Immediate Release

ExxonMobil Announces EarthSafe Plan for Alternative Energy Sources

Plan to invest 75% of profits into development of alternative energy sources. Will create plan for national mass transit system replacing Amtrak. Goal is to be fossil free in 20 years.

Irving, TX, March 10, 2015…Today, ExxonMobil announced plans for EarthSafe, a plan to invest 75% of profits into development of alternative energy sources. The international oil and gas corporation will reduce exploration for fossil fuel over 10 years and plans to be fossil free in 20 years.

ExxonMobil will conduct research and development of electric and hydrogen car engines in conjunction with Ford Motor Company, practice use of ethanol in cars, and study wind, wave and geo-thermal generation of power within the EarthSafe plan, set to take effect Jan 1, 2016.

Supported by a grant from the federal government, ExxonMobil will create a plan for a national mass transit system to replace Amtrak. For 43 years, Amtrak has operated at a loss but has been kept in business by a federal government subsidy of approximately $1 billion a year. Bloomberg L.P. estimates that as federal tax credits for EarthSafe will offset some of the reduced profit, as the new system will operate at a positive net profit margin and increase exponentially over time.

Rex W. Tillerson, ExxonMobil Chairman and CEO stated, “We are very excited about the potential of this program and to lead the way in this vital work. In fact, we are calling on other oil companies to conquer the depletion of fossil fuel based energy and stride forward to an environmentally-sound and economical solution.”

Petroleum is used to make both gasoline and diesel, which combine to supply 93% of transportation fuels in the United States, according to the Institute for Energy Research. ExxonMobil plans for EarthSafe to eventually cut the current percentage in half, as well as nearly diminish the need for foreign imports of petroleum.

According to Forbes, oil, natural gas and coal together provide 86% of the world’s primary energy and by the end of the century, nearly all of the economically recoverable fossil fuels will be gone. ExxonMobil eventually expects to provide more than the total energy the world consumes every day with the potential of the EarthSafe plan.

The International Monetary Fund calls China the world’s fastest-growing major economy, with growth rates averaging 10% over the past 30 years. The same study estimates that EarthSafe alone will increase the United States growth rate by 5% each year, and that this statistical significance is estimated to make a considerable impact on global politics and the balance of power.

Tillerson further stated, “EarthSafe will re-localize production and proceed with the renewable revolution, enabling us to end the 21st century with a largely carbon-free economy, putting an end to climate change and averting resource wars. Saving the world is more important than profits.”

With the implementation of EarthSafe, ExxonMobil looks to pioneer the migration for oil companies toward alternative energy sources and ecological improvement.

With 32 oil refineries in 17 countries supplying fuels, lubricants and other high-value products, ExxonMobil is making an effort to shift from exhaustible energy to more sustainable methods with the application of EarthSafe.

About ExxonMobil

ExxonMobil is an American multinational oil and gas corporation that specializes in fuels, lubricants, petrochemicals, and refining. A direct descendant of John D. Rockefeller’s Standard Oil company, the corporation was founded in 1999 by the merger of Exxon and Mobil. Headquartered in Irving, Texas, United States, ExxonMobil is a publicly traded company listed on NYSE: XOM. Further information on corporation’s website: www.exxonmobil.com

###

[endif]-- ![endif]--