Exxon's Big Bet on Shale Gas

Primary tabs

Mon, 2012-04-16 15:34 — Kathy Gilbeaux

Drill pipe ready for use on a rig at Exxon's Johnson Ranch site outside Fort Worth

by Brian O'Keefe - CNN - April 16, 2012

America's most profitable company now produces about as much natural gas as it does oil. CEO Rex Tillerson thinks the fracking party has just begun.

FORTUNE -- For Rex Tillerson fracking is more than a revolutionary approach to drilling oil and gas -- it's part of his personal history. Simply mention the word to the CEO of Exxon Mobil (XOM) and he starts reminiscing about his days as a young engineer.

(READ COMPLETE ARTICLE)

Country / Region Tags:

Global

United States

General Topic Tags:

Energy

Problem, Solution, SitRep, or ?:

Other

Groups this Group Post belongs to:

Sustainable Energy

- Private group -