How to Play Natural Gas Following ExxonMobil
Two weeks ago, Exxon announced it would purchase XTO Energy for $41 billion. XTO Energy is a giant natural gas company. It’s the second-largest producer of natural gas in America, and Exxon’s biggest acquisition since it bought Mobil 10 years ago. Natural gas is cheap, abundant, and produces 60% less emissions than coal. As electricity [...]
