Big Oil Seen in ‘Race to the Altar’ After Exxon Deal (Update1)

“Exxon Mobil acquiring XTO is going to put a floor on natural-gas prices longer term,” Cournoyer said. “These guys are finally coming out and acknowledging that they need to grow their reserves longer term.”
Full article:
http://www.bloomberg.com/apps/news?pid=20602099&sid=agq6nEeqgEXU

Views: 13

▶ Reply to This

© 2026   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service