The idea that Exxon is interested in producing more oil this fact questions that idea. It spent more money buying back it's stock. This was done as a way to reward investors people like the Lee Raymond was stepping down as the CEO of the company. Nice way to reward Lee on the way out with a rapid increase in value for his shares he was rewarded as he step down from the day to day operations of the company. So the whole idea that Exxon is out to help the little guy is false.
"Exxon spent $19.9 billion in 2006 on capital expenses and the hunt for more oil. It also paid $29.6 billion to buy back some of its own stock, a move meant to reward investors by increasing the value of outstanding shares. The company's annual profit hit $39.5 billion, the most ever for an American company."
Big Oil cautious about clean-energy spending / Critics want more from firms earning billions
ABC News: Oil: Exxon Chairman's $400 Million Parachute