{"id":82897,"date":"2009-12-15T06:40:00","date_gmt":"2009-12-15T11:40:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/exxons-xto-buy-is-a-direct-affront-to-the-russians-2009-12"},"modified":"2009-12-15T06:40:00","modified_gmt":"2009-12-15T11:40:00","slug":"exxons-xto-buy-is-a-direct-affront-to-the-russians","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/82897","title":{"rendered":"Exxon&#8217;s XTO Buy Is A Direct Affront To The Russians"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=7a7a6c79131e9b497a1dbf00\" border=\"0\" alt=\"vladimirputin serious tbi\" \/><\/p>\n<p>We&#8217;ll keep bringing you perspectives on the Exxon\/XTO deal as we come across them.<\/p>\n<p>We particularly like this from <a href=\"http:\/\/www.platts.com\/weblog\/powerlines\/2009\/12\/14\/whos_behind_the.html\">Bill Holland at Platt&#8217;s<\/a>:<\/p>\n<p style=\"padding-left: 30px;\">While ExxonMobil&#8217;s announcement that it&#8217;s buying Fort Worth&#8217;s XTO Energy for $31 billion and $10 billion in debt is a rousing cheer for US shale producers, the real stimulus has been Russia&#8217;s annual bully-thy-neighbor approach to winter gas supplies.<\/p>\n<p style=\"padding-left: 30px;\">Exxon made no bones Monday it was buying XTO for its expertise in cracking shale gas plays, with plans to export that talent to the nearly 3 million acres of shale leasehold it has in Poland, Hungary, and Germany. CEO Rex Tillerson almost salivated at the prospect of producing gas smack in the middle of a gas-hungry market (same dynamics as Pennsylvania&#8217;s Marcellus Shale and a little town called New York City).<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.platts.com\/weblog\/powerlines\/2009\/12\/14\/whos_behind_the.html\">Read the whole thing &gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/exxons-xto-buy-is-a-direct-affront-to-the-russians-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/with-xto-acquired-by-exxon-here-are-the-next-players-to-get-snapped-up-2009-12\">With XTO Acquired By Exxon, Here Are The Next Players To Get Snapped Up (XTO, XOM, CHK, EOG, DVN, UNG)<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/exxon-finally-wakes-up-to-reality-2009-12\">Exxon Finally Wakes Up To Reality (XOM, XTO)<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/exxon-heres-why-we-just-spent-41-billion-on-natural-gas-2009-12\">Exxon: Here&#8217;s Why We Just Spent $41 Billlion On Natural Gas (XOM, XTO, UNG)<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/Jr1dAEHgNgs\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We&#8217;ll keep bringing you perspectives on the Exxon\/XTO deal as we come across them. We particularly like this from Bill Holland at Platt&#8217;s: While ExxonMobil&#8217;s announcement that it&#8217;s buying Fort Worth&#8217;s XTO Energy for $31 billion and $10 billion in debt is a rousing cheer for US shale producers, the real stimulus has been Russia&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-82897","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/82897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=82897"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/82897\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=82897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=82897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=82897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}