The Reason Big Oil is Getting Gassy

An Economist article republished in the Winnipeg Free Press does a good job of explaining why natural gas is on the ascendancy in the energy universe, and why oil will soon be in decline. Need evidence? Last year, seven of eight Exxon Mobil projects that were completed were natural gas projects. This year two of three scheduled projects are natural gas related. Royal Dutch Shell says by 2012 half (50 percent!) of its energy output will come from natural gas.

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