Just purchased gas and oil fields from Exxon. This increases their reserves and product by 70% and I dont think the price of gas and oil will be going down in the long term no matter how many Volts hit the road.
Fools bullish on EXXI
are also bullish on:
Energy XX1 surged yesterday (1/11/2010) on McMoRan's announcement of a large deposit of natural gas in shallow water. As one of three partners (Exploration & Production (NYSE: PXP) and McMoran (MRR) then this is certainly good news. By the time the… More
Fools bearish on EXXI
are also bearish on: