ExxonMobil Warns Coal Use Is Accelerating Global Warming
The oil major's climate forecast, based on scientific and economic data, highlights the ongoing energy transition context for Bakken operators.
ExxonMobil has stated that coal consumption is accelerating global warming, according to a report from Rigzone. The company made the statement on Friday, September 18, 2026.
The oil explorer maintains that its forecasts are grounded in scientific and economic data, which take into account realistic changes in government policies and consumer behavior, Rigzone reported.
For operators in North Dakota's Bakken formation, such high-level climate assessments from a major industry player underscore the long-term market and regulatory environment in which they operate. While the Bakken is primarily an oil-producing region, the broader energy transition away from carbon-intensive fuels shapes investment and strategic planning.
ExxonMobil's emphasis on data-driven forecasts suggests a focus on pragmatic energy scenarios. This outlook acknowledges a gradual shift in the global energy mix while recognizing the continued role of hydrocarbons like oil and natural gas during the transition. Bakken operators, which include some of the world's largest oil companies, routinely factor such long-term demand projections into their development plans.
The statement indirectly highlights the competitive position of natural gas and oil against other fossil fuels. Natural gas, often produced alongside Bakken crude oil, generally has a lower carbon footprint than coal when used for power generation. This dynamic could influence energy policy and demand patterns over time.
Ultimately, the announcement serves as a reminder that Bakken operators are navigating an evolving energy landscape where climate considerations are increasingly integrated into corporate and governmental decision-making. The focus on "realistic" policy changes suggests companies are preparing for a measured evolution, not an immediate disruption, to North Dakota's vital oil and gas sector.
Source
Rigzone
