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ExxonMobil: $4 Billion Under the Sea
ExxonMobil begins development of the ultra-deepwater Julia oil field in the Gulf of Mexico, highlighting a trend with massive implications for future oil prices.Another Solid Quarter for Oil Refiners
In the American energy boom, refiners have been the clear winner. Is there still more to come?Can the Gulf of Mexico Supplant Saudi Arabia?
Oil production out of the Gulf is projected by some to rise by a million barrels of oil per day over the next decade. Interestingly enough, that's what we import from Saudi Arabia each day. Could it be true that we can cut out that key supplier?