 AP The future seems to be in natural gas, not oil. Here is the ExxonMobil (XOM) Outlook for Energy, a view to 2040. Not too many surprises, it's broadly in line with similar publications from the International Energy Agency (IEA). According to the Exxon report, global energy demand will be 30% higher than in 2010. . . TAGGED: global natural gas market, LNG, global energy market, Asia, U.S. energy policy, Seeking AlphaRECOMMENDED ARTICLES| efore the end of 2005, the U.S. price of natural gas rose above $15 per thousand cubic feet (mcf), nearly 12 times the record low reached in 1995. Production was down by about 8% compared to 2001, news reports speculated about... more ›› |
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| Exxon Mobil (XOM) is a blue-chip company with a blue-chip management strategy. Exxon Mobil remains committed to a balanced production spread of gas and liquids. Though this might be an advantageous long-term strategy - gas prices... more ›› |
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