Reports: ExxonMobil wary of FRAC Act, conflicted on climate change bill

ExxonMobil’s acquisition of natural gas giant XTO Energy – the hot topic in the gas-field communities of Colorado’s Western Slope this week – has implications far beyond an industry typically dominated by smaller, independent operators.

According to National Public…

ExxonMobil’s natural-gas plunge makes sense globally and in Colorado

Analysts are calling ExxonMobil’s $31 billion acquisition of natural-gas giant XTO Energy a much safer bet than a similar leap made by energy conglomerate ConocoPhillips into natural-gas production when it purchased Burlington Resources for $36 billion in 2005.