ExxonMobil: Big on Ethanol Blending but Slow to Invest in Production

摘要

ExxonMobil, one of the U.S.'s biggest ethanol blenders, does not appear eager to invest in ethanol production capacity. Speaking during a recent conference call to report second quarter earnings, ExxonMobil's Vice President of Investor Relations Henry Hubble said ethanol investments don't make sense for the company now.