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Exxon Mobil Corp XOM

Alternate Symbol(s):  N.XOM

Exxon Mobil Corporation is an international energy and petrochemical company. Its primary businesses include exploration for, and production of, crude oil and natural gas; manufacturing, transport and sale of crude oil, natural gas, petroleum products, petrochemicals, and a variety of specialty products; and pursuit of lower-emission business opportunities including carbon capture and storage, hydrogen, lower-emission fuels and lithium. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products, Chemical Products and Specialty Products segments manufacture and sell petroleum products and petrochemicals. Energy Products include fuels, aromatics, and catalysts and licensing. Its Chemical Products consist of olefins, polyolefins, and intermediates. Its Specialty Products include finished lubricants, synthetics, and elastomers and resins. It also focuses on net-zero greenhouse gas emissions from its operated unconventional operations in the Permian Basin.


NYSE:XOM - Post by User

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Post by bc4uon Feb 06, 2013 2:02pm
98 Views
Post# 20947578

Senate energy chief Wyden: Get gas policy right

Senate energy chief Wyden: Get gas policy right

 

Senate energy chief Wyden: Get gas policy right 
 
By Ben Geman - 02/06/13 10:59 AM ET 
 
The Democratic chairman and top Republican on the Senate Energy and Natural Resources Committee have laid out their visions for the panel in op-eds in The Hill’s opinion section. 
 
Check out the columns by Sen. Ron Wyden (D-Ore.) and Sen. Lisa Murkowski (R-Alaska) here and here. 
 
The committee’s first hearing of the new Congress, on Feb. 12, will explore natural-gas policy – including battles over whether the U.S. should greatly expand natural gas exports. 
“I want to ensure misguided government policy doesn’t shut down the manufacturing resurgence this country has seen as a result of reliable, low-cost natural-gas supplies. But I don’t oppose all exports. My aim is to find a sweet spot that allows some exports and keeps wells in production, while ensuring U.S. manufacturing and national security are not harmed by allowing unfettered liquefied natural-gas exports,” Wyden writes. 
 
Murkowski, for her part, touts the broad energy blueprint, called "Energy 20/20," that she unveiled this week and hopes will inform various committee bills. 
 
“I believe there’s a consensus that it’s in our national interest to make energy abundant, affordable, clean, diverse and secure. Our challenge is to align federal policy with that consensus. Energy 20/20 includes ideas to do so under seven headings: producing more, consuming less, clean-energy technology, energy delivery infrastructure, effective government, environmental responsibility and ‘an energy policy that pays for itself,’ ” she writes. 
 
 
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