Exxon Mobil CEO cautions against an abrupt energy transition, warning underinvestment leads to high gas prices - CNBC


6/26/2022 12:00:00 AM2 years 10 months ago
by Macklin Fishman

The CEO of Exxon Mobil cautions against an abrupt energy transition, warning underinvestment will lead to high gas prices.

Exxon Mobil CEO Darren Woods warns that an abrupt transition to renewable energy will cause society to "pay a high price." The national average price for a gallon of gasoline is currently nearly $5,… [+1702 chars]

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