ExxonMobil Boss Says High Gas Prices Are Here To Stay

Americans can expect up to five years of high gas prices, the head of ExxonMobil said Tuesday, citing under-investment and the coronavirus pandemic.

“You are probably looking at three to five years of continued fairly tight markets,” Woods told the Qatar Economic Forum. “How that manifests itself in price will obviously be a big function of demand, which is difficult to predict.”

Read more here

Go back home

Sign Up for Our Newsletter

Join our list!

Sign up here to get our daily newsletter with the top trending headlines.