Exxon CEO urges thoughtful U.S. response to spill

DALLAS, May 26 (BestGrowthStock) – The chief executive of Exxon
Mobil Corp (XOM.N: ), the largest U.S. oil company, on Wednesday
urged U.S. regulators to take a thoughtful approach to any
policy changes related to the massive spill in the U.S. Gulf of
Mexico, noting the importance of crude from deepwater wells.

“They need to recognize that there have been very effective
procedures in place,” Rex Tillerson, Exxon’s CEO, told
reporters after the company’s annual meeting.

Deepwater oil and gas are “clearly important resources”
needed to meet the world’s energy demand, the executive said.

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(Reporting by Anna Driver; Editing by Phil Berlowitz)

Exxon CEO urges thoughtful U.S. response to spill