Dec 17, 2011

ExxonMobil sees 90% of all transportation still running on petroleum in 2040

If anyone's got an incentive to show how popular gasoline will be for ever and ever, it's ExxonMobil, right? While the oil giant does see 90 percent of all the world's transportation still running on petroleum-based fuels in 2040, it also sees alternatives to gasoline making pretty serious inroads by that time, at least in the passenger car arena.

... ExxonMobil doesn't get into peak oil, but one thing is certain: change is coming. How much? Well, that's up to us. What do you expect will happen?

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