This week, Exxon Mobil (XOM) laid out the facts of oil and energy demands and felt confident enough to say all their reserves will be exploited. Despite fear-mongering about climate, population, income-inequality and desperate efforts to redistribute billions of dollars from rich nations to poor nations, the world's thirst for oil will matter more. In fact, the world's thirst for oil will be driven by prosperity. The proposed policies portray nations that are on the cusp of rapid growth as feeble and inadequate, when they are anything but that. Not only should rich nations reject this rhetoric but so, too,...