February 2011, Vol. 238 No. 2

Editor's Notebook

ExxonMobil And Natural Gas: Looking Toward The Future

The one Energy Outlook I look forward to each January comes from our good friends at ExxonMobil. This year’s version is especially of interest to us because of its focus on natural gas and energy-efficiency issues. Traditionally, oil companies have shied away from natural gas but recent developments, particularly with shale plays and other unconventional supply sources literally shaking the ground these companies are built on, have caused them to re-evaluate their short- and long-term business strategies. Strategizing in the oil industry is different from most other businesses because upper management needs to look ahead 10 years in planning where their supplies and reserv

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