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Exxon Natural Gas Investment
11 hours ago ago from D Three Technology - Natural Gas Scavengers
By SCOTT NISHIMURA snishimura@star-telegram.com Exxon Mobil Corp.’s $31 billion stock deal to buy XTO Energy boosts natural gas as the country debates how to reduce reliance on foreign energy sources and minimize the impact on the environment, experts say. Exxon’s impending purchase of Fort Worth-based XTO — a leading U.S. gas producer and expert in unconventional plays such as North Texas’ Barnett Shale — signifies the return of the ...
Related contentRemember $4.00 per Gallon Gasoline? Just Wait.
17 hours ago ago from The Conservative Papers
Despite Kyoto, despite Copenhagen, despite the New Green Economy and despite the Democratic Party, world oil demand is expected to increase by 0.8 to 1.5 million barrels a day in 2010, depending on the source of your forecast. That kind of increased demand could lead to a substantial increase in oil prices; when demand exceeds production capability by just a little bit, the price reaction is usually pretty strong. What has the Obama ...
Related contentDoing Nothing is Not a Solution (oil prices in 2010)
10 hours ago ago from Stealth Fusion - World Breaking News
By Jane Van Ryan at Energy Tomorrow: Doing Nothing is Not a Solution - Energy Tomorrow Blog Quote: As we approach the end of year, it's time to take stock of 2009 and pause long enough in our holiday preparations to look forward to 2010. While none of us can predict the future--my snow globe doesn't double as a crystal ball--there are three organizations that have made projections of oil demand in the coming year. The ...
Related contentNatural Gas: The USA's Next Primary Fuel?
22 hours ago ago from BloggingStocks
Could natural gas become the new, primary fuel for the United States in the 21st century? It's possible, if new drilling techniques that have the potential to vastly increase the U.S.'s natural gas supplies are deemed safe by regulators. Exxon-Mobil ( XOM ) jolted the energy world with its decision to buy natural gas giant XTO Energy ( XTO ) for $41 billion. The deal brings Exxon's enormous financial resources to XTO, which has made a ...
Related contentExxon-Mobil Purchase of XTO Energy
22 hours ago ago from PolitiDose
Exxon-Mobil the worlds largest publicly traded oil company has agreed to purchase XTO Energy for $29 billion according to a report out of the Associated Press. XTO claims about 45 trillion cubic feet of natural gas much of it trapped in shale formations which Technology has made much cheaper to produce. Exxon-Mobil is counting on natural gas to replace coal and other types of fuel to lower the environmental impact those other fuels have on ...
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Progress Energy phases out coal-fired units to switch to natural gas
3 hours ago ago from Media General - WNCT.com
Search: Keyword Site Web | RSS + - Text Size Print Share This Progress Energy phases out coal-fired units to switch to natural gas Associated Press Published: December 19, 2009 RALEIGH, N.C. (AP) - Progress Energy wants to build a new power plant fueled by cleaner-burning natural gas as it ...
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