ExxonMobil chief defends safety of shale-gas development

04/16/2012 | CNNMoney/Fortune

ExxonMobil Chairman and CEO Rex Tillerson said that the shale natural gas drilling boom in the U.S. is the oil and natural gas industry's latest achievement, and it is good news for the country and the rest of the world. "The most important thing for people to understand about shale gas is it's just yet the next big resource opportunity for us," Tillerson said. "The world's economy has a voracious appetite for energy, so thank God we can do this."

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