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Exxon Mobil Corp XOM

Alternate Symbol(s):  N.XOM

Exxon Mobil Corporation is an international energy and petrochemical company. Its primary businesses include exploration for, and production of, crude oil and natural gas; manufacturing, transport and sale of crude oil, natural gas, petroleum products, petrochemicals, and a variety of specialty products; and pursuit of lower-emission business opportunities including carbon capture and storage, hydrogen, lower-emission fuels and lithium. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products, Chemical Products and Specialty Products segments manufacture and sell petroleum products and petrochemicals. Energy Products include fuels, aromatics, and catalysts and licensing. Its Chemical Products consist of olefins, polyolefins, and intermediates. Its Specialty Products include finished lubricants, synthetics, and elastomers and resins. It also focuses on net-zero greenhouse gas emissions from its operated unconventional operations in the Permian Basin.


NYSE:XOM - Post by User

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Post by bc4uon Feb 05, 2013 2:43am
113 Views
Post# 20937963

Iowa Senate Approves 5% Biodiesel Mandate

Iowa Senate Approves 5% Biodiesel Mandate

Iowa Senate Approves 5% Biodiesel Mandate

Micah Walter/Bloomberg News
4/20/2009 12:00:00 PM

The Iowa Senate approved a bill last week that would require that diesel fuel sold in the state contain 5% biofuel, the Des Moines Register reported.

Retailers would earn a tax credit if their diesel contained 10% biofuel or higher, the paper reported.

If approved, the measure would add Iowa to a list of seven other states that require biodiesel to be blended with diesel, the National Biodiesel Board said in a statement.

State Sen. Jack Kibbie told the Register that the mandate, which would go into effect July 1 if the House and governor approve it, would save 1 million barrels of foreign oil per year.


Truckers have objected to biodiesel mandates, reporting that the blended fuel gels in cold weather, clogging fuel lines in diesel engines.

https://www.ttnews.com/articles/basetemplate.aspx?storyid=21743&t=Iowa-Senate-Approves-5%25-Biodiesel-Mandate

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