Inside Exxon Mobil

According to Exxon Mobil(XOM) CEO Rex Tillerson,Exxon has a robust,very deep portfolio of opportunities,yet the very high cost environment is beginning to show up in its projects.Exxon's management systems help it mitigate about a third of the cost pressures through technology,project planning and execution.You have to grow a business organically,but where it makes sense,Exxon is always evaluating acquisitions.It has a unique capability to integrate them and benefit its shareholders.The high price of oil is partly due to the weakness of the U.S. dollar.That amounts to a third of the disconnect with supply and demand.Geopolitical uncertainties and speculation also contribute to the disconnect,Mr.Tillerson said.