How long will the Chinese put up with coal?
Exxon Mobil today issued an impressive second-quarter earnings report, with much of the good news again involving a surge in liquid natural gas production from Qatar. It’s further proof that Exxon — along with the rest of Big Oil — has made a big bet that natural gas will be a growth engine for the company in the absence of opportunities in oil. Fast-growing Asia is the big market, with China leading the way.
Comments
Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!