Foreign Policy Blogs

Tag Archives: acquisitions

The New Scramble

If natural gas is so cheap right now, limping along between $2.50 and $5.50 per thousand cubic feet, why did Exxon pay the equivalent of $41 billion for natural gas giant XTO Energy? There is a global glut of natural gas, which won’t be disappearing any time soon. I can think of a couple reasons. […]

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