Previous Story
Mobil starts energy conservation project
|
Posted on Apr 03 2001
Mobil Oil Guam Inc. and Mobil Oil Mariana Islands, Inc. have undertaken a $200,000 project, expected to increase illumination and reduce energy costs in its service stations around the region.
The project would entail the upgrading of the canopy and mart lightings at its service stations scattered in Guam and the CNMI. It is expected to improve the illumination at its service stations by 10 percent, while cutting down power consumption by 14.6 percent.
“It is like having your cake and eating it too. We reduced energy consumption but also improved lighting and safety at our service stations,” Mobil Retail Manager Bernadette Valencia said.
She also said that Mobil’s partnership with its independent service station dealers to make the bold investment to reduce power consumption demonstrated the company’s commitment to decrease business expenses.
“Our customers will definitely notice the improved brightness and visibility at our stations,” Ms. Valencia added.
She concluded her statement by saying that, “In these times of increasing power demand on power utility companies, Mobil again contributes to the community of Guam and Saipan through this innovative investment. This is truly a quality of a premier petroleum company like Exxon Mobil.”
Mobil’s service station upgrades are admirable given the fact that international oil prices have all but gone up during the past year. This is because OPEC member countries continue to stay within their production quotas and seasonal and regional demands have made the rise of oil prices even more adverse.
The last time Mobil jacked up oil prices in the Saipan was in September last year, when the price of fuel rose an average of six cents per gallon.
In related news, Mobil’s mother company, Exxon Mobil Corp., ascended to the No. 1 spot in the annual Fortune 500 list, dethroning General Motors Corp. The oil giant, which ranked No. 3 in last year’s list, registered a record high $210 million in revenue in 2000.
