Wednesday, June 27, 2012
Exxon Mobil CEO says domestic natural gas prices are too low, Reuters says
Exxon Mobil (XOM) CEO Rex Tillerson said U.S. natural gas prices are not sustainable for the energy industry to cover the cost of finding and producing new supply, reports Reuters. In a presentation at the council of Foreign Relations, Tillerson said "we are all losing our shirts today."
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