ARCTIC EXPLORATION’S RISK
In an exclusive interview with the Associated Press, ExxonMobil CEO Rex Tillerson, who led the committee that produced the report, talked about why he thinks Arctic exploration is worth the risk. Exxon has decades of experience working in that part of the world, including successful projects in Russia — but also a catastrophic oil spill in Alaska’s Prince William Sound when the Exxon Valdez oil tanker ran aground in 1989.
Below are excerpts of the interview, edited for length and clarity.
AP: Why now?
Tillerson: There are two important elements…
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