Exxon Fuels Speculation Deal Is on Tap: Exxon is poised to acquire a rival energy firm or join up with an oil rich nation, industry experts believe.Wait, what the hell does "join up with an oil rich nation" mean? Merge with, say, Dubai or Brunei? That feels like it's going a little too far, especially seeing as we've already let Citigroup merge with Washington, DC.
On the subject of oil and gas, for anyone who's interested I'll note my story last week about Putin's Ukrainian adventure. After decades of worrying about how oil will be used as a weapon to shut down the West, it is as clear now as it ever was that the greatest political advantage that can accrue to the world's energy exporting (and generally kleptocratic) powers comes from selling it at the highest price the market will bear.
