Exxon Adds 2 Billion Barrels of Oil (Equivalent)

So says the Wall Street Journal. It’s the biggest reserves they’ve had in a decade. The Irving-based oil giant was able to do this because of new natural gas finds. But this is the less-happy part of the lead:

the company found less new oil deposits than it depleted last year

They’re counting even more on the XTO Energy deal.

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