ExxonMobil Chairman and CEO Rex Tillerson says President Barack Obama made the right call in putting a moratorium on new Gulf of Mexico oil leasing in the wake of the BP disaster.
Tillerson told CNBC in an exclusive interview, "I think that's a prudent step." (Watch his comments here).
He says ExxonMobil has offered equipment, vessels, engineers and scientists to help BP during the crisis.
Said Tillerson, "This is a rare and unique incident and it's one that obviously all of us want to understand so that if there are procedural changes or things that we need to be doing different, we want to undertake those."
The April 20 accident killed 11 workers and left a growing slick of crude in the Gulf. It has paralyzed the Gulf coast fishing industry and endangered wildlife along the shore.