North America to become energy exporter by 2025, Exxon says

12/11/2012 | Reuters

North America will become a net energy exporter by 2025, fueled by surging oil and natural gas production, ExxonMobil said. According to the company's energy outlook, more than 50% of the unconventional gas supply growth over the next 20 years will come from North America. Exxon in recent years has been scooping up natural gas properties in the U.S., starting with its acquisition of XTO Energy.

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