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Page added on May 2, 2006

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Exxon CEO Urges Conservation

Exxon chief Rex Tillerson said Tuesday there is little lawmakers can do to combat rising energy costs and urged consumers to reduce demand by using less.

“We just have to ask people to make sure they are using energy wisely,” Tillerson told CNN after a meeting with congressmen in Washington. “Be efficient with it, don’t waste it.”

He said Exxon, for its part, was investing $20 billion over the next five years to develop new sources of energy.
CNN Money



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