Exxon Vs. Saudi Aramco: Buy American For Energy's Future
ExxonMobil(XOM) Seeking Alpha·2024-01-19 19:46
imaginimaNationalized industries are notorious for their inability to operate at a profit. -J. Paul Getty The transition from a carbon-based economy to one based on renewables is underway, but it is also incredibly contentious. It should not surprise folks that the world's formerly most powerful industry resisted external efforts to endanger its viability. No firm symbolized that resistance more than Exxon. While it angered activists, its contrarian upstream strategy makes it an excellent candidate to d ...