Economy

January 27, 2011

Exxon: Natural gas to overtake coal as energy source

Exxon Mobil Corp., in its long-term energy outlook for 2030, forecasts that natural gas will surpass coal as an energy source, with "newly unlocked supplies of shale gas and other unconventional energy sources" proving "vital" in meeting a projected 35 percent rise in energy demand, company CEO Rex Tillerson said.

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