Exxon Facing Questions About Natural Gas Push

- May 25th, 2011

Forbes reports on Wednesday, Exxon Mobil Corp. (NYSE:XOM) faces questions about its big push into natural gas.

Forbes reports on Wednesday, Exxon Mobil Corp. (NYSE:XOM) faces questions about its big push into natural gas.

The market news is quoted as saying:

So far, the deal hasn’t paid off. Natural gas prices are around $4.42 per 1,000 cubic feet. That’s slightly below the price when the XTO deal closed and well below levels seen three years ago.

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