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Vol. 14, No. 51 Week of December 20, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry

Exxon seeks new life

Bets heavily on unconventional gas as fuel of choice by 2030 in takeover of XTO

Gary Park

For Petroleum News

The tipoff was there for anyone caring to pay attention when ExxonMobil declared on Dec. 8 that natural gas would be the fuel of choice in the United States by 2030, shunting aside coal and oil. Less than a week later the energy giant took a page out of Star Trek by going where no company has gone....

    [additional news subjects in this story]

Risks even for Exxon

Major shale investments

Analyst: Time to buy

Other potential targets


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