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Russia signs exploration deal with Exxon

Al Jazerra -- Exxon Mobil Corp and Russian partner Rosneft have signed an agreement that will give the US company exploration access to an additional 606,000 sq kilometres in the Russian Arctic. A separate agreement will give Rosneft the opportunity to acquire a 25 percent interest in the Point Thompson unit on Alaska's North Slope.

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Submitted Feb 14, 2013 By: Teslukbla

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honda0105 Champion Author Tallahassee Posts:18,590 Points:1,606,595 Joined:Nov 2008	Message Posted: Feb 19, 2013 5:55:25 AM Ignore honda0105 Report Abuse is that why local prices went up by 21 cents / gallon for regular unleaded today/
honda0105 Champion Author Tallahassee Posts:18,590 Points:1,606,595 Joined:Nov 2008	Message Posted: Feb 18, 2013 12:01:56 AM Ignore honda0105 Report Abuse jrs: it's not. But then, who cares as long as Exxon gets to be the top leader on the stock market?
jrs4125 Champion Author Indiana Posts:2,743 Points:588,820 Joined:Sep 2011	Message Posted: Feb 15, 2013 7:27:47 AM Ignore jrs4125 Report Abuse How can this be good for the US consumer?
remay Champion Author Houston Posts:6,953 Points:2,114,690 Joined:May 2006	Message Posted: Feb 15, 2013 6:53:11 AM Ignore remay Report Abuse Hope it is worth it...
kgbellman Champion Author Ann Arbor Posts:2,698 Points:728,915 Joined:Mar 2011	Message Posted: Feb 15, 2013 1:22:35 AM Ignore kgbellman Report Abuse Do it safely
SkooterG Champion Author Phoenix Posts:1,359 Points:327,835 Joined:May 2012	Message Posted: Feb 14, 2013 7:28:21 PM Ignore SkooterG Report Abuse I would NOT trust the Russians.
tankumo Veteran Author Vancouver Posts:393 Points:68,330 Joined:Dec 2012	Message Posted: Feb 14, 2013 1:51:54 PM Ignore tankumo Report Abuse Russia can change its heart anytime, I am not sure why Exxon wants to do business with Russia. Alternatively Exxon should go to Australia, they got another Saudi worth of oil in the ground that needs more exploration.
humblepie Champion Author Toledo Posts:34,098 Points:2,368,445 Joined:Mar 2006	Message Posted: Feb 14, 2013 11:04:43 AM Ignore humblepie Report Abuse why not deal with the best ?
Tommyguns45 Sophomore Author Illinois Posts:212 Points:130,455 Joined:Feb 2012	Message Posted: Feb 14, 2013 9:17:15 AM Ignore Tommyguns45 Report Abuse I can see a Russian oil well from Alaska
amerk73 Champion Author Dallas Posts:7,031 Points:1,618,075 Joined:Oct 2008	Message Posted: Feb 14, 2013 8:02:10 AM Ignore amerk73 Report Abuse good for both
bar1035 Champion Author Charlotte Posts:9,135 Points:1,295,195 Joined:Aug 2006	Message Posted: Feb 14, 2013 7:56:12 AM Ignore bar1035 Report Abuse The Russians on the North Slope of Alaska. And you were worried about he environment before..
danny999 Champion Author Florida Posts:8,708 Points:1,636,135 Joined:Oct 2008	Message Posted: Feb 14, 2013 7:37:17 AM Ignore danny999 Report Abuse IN BED WITH THE ENEMY.
mastermariner Champion Author Texas Posts:4,236 Points:492,035 Joined:Jun 2011	Message Posted: Feb 14, 2013 7:30:05 AM Ignore mastermariner Report Abuse Good for Russia
RockCity Champion Author Denver Posts:7,895 Points:1,424,935 Joined:Mar 2009	Message Posted: Feb 14, 2013 7:27:14 AM Ignore RockCity Report Abuse Might as well foul up their environment, don't ya think?
Eagle3236 Champion Author Missouri Posts:1,133 Points:206,250 Joined:Oct 2012	Message Posted: Feb 14, 2013 6:57:42 AM Ignore Eagle3236 Report Abuse HOPE THIS WORKS OUT!
USMCturtlehead Champion Author Lexington Posts:1,963 Points:100,775 Joined:Feb 2013	Message Posted: Feb 14, 2013 5:57:06 AM Ignore USMCturtlehead Report Abuse Good luck Exxon! Hopefully plenty of oil is discovered in a more stable area than the Middle East.
JLSindy Champion Author Cleveland Posts:3,476 Points:670,340 Joined:Aug 2005	Message Posted: Feb 14, 2013 5:53:38 AM Ignore JLSindy Report Abuse Greed makes for strange bedfellows!
pscamp Champion Author Ottawa Posts:3,256 Points:472,110 Joined:May 2011	Message Posted: Feb 14, 2013 5:08:49 AM Ignore pscamp Report Abuse Good... I guess.
djgunrunner Champion Author Salt Lake City Posts:10,082 Points:2,345,680 Joined:Apr 2005	Message Posted: Feb 14, 2013 4:30:56 AM Ignore djgunrunner Report Abuse When you play with a Tiger you get eaten.
WEB0153 All-Star Author Maryland Posts:784 Points:153,100 Joined:Dec 2012	Message Posted: Feb 14, 2013 4:03:29 AM Ignore WEB0153 Report Abuse Hope this doesn't backfire!
kgbellman Champion Author Ann Arbor Posts:2,698 Points:728,915 Joined:Mar 2011	Message Posted: Feb 14, 2013 3:01:46 AM Ignore kgbellman Report Abuse The word is safety
TIGERPAW46 Champion Author Florida Posts:7,114 Points:1,352,710 Joined:Mar 2004	Message Posted: Feb 14, 2013 2:53:55 AM Ignore TIGERPAW46 Report Abuse Hope they have better inspection officials.
OuttaOfGAS Veteran Author Illinois Posts:422 Points:118,340 Joined:Dec 2012	Message Posted: Feb 14, 2013 2:46:25 AM Ignore OuttaOfGAS Report Abuse hope this pans out well and not back fire on USa?!!
charg3rguy1991 All-Star Author Greensboro Posts:753 Points:241,030 Joined:Sep 2012	Message Posted: Feb 14, 2013 2:46:23 AM Ignore charg3rguy1991 Report Abuse k
hybridaholic Champion Author Appleton Posts:8,350 Points:1,552,890 Joined:Dec 2008	Message Posted: Feb 14, 2013 2:34:59 AM Ignore hybridaholic Report Abuse They want our expertize so they can copy it.
bsg75 Veteran Author Chicago Posts:422 Points:133,645 Joined:May 2010	Message Posted: Feb 14, 2013 2:27:11 AM Ignore bsg75 Report Abuse Russia is our worst enemy.
BEngr Champion Author Illinois Posts:6,696 Points:1,577,690 Joined:May 2008	Message Posted: Feb 14, 2013 2:26:22 AM Ignore BEngr Report Abuse That is big business at its finest. Even though our governments don't like sharing natural resources, big business has found a way to share the cost of exploring & developing some resources.
Matt G Champion Author Boston Posts:4,518 Points:2,770,115 Joined:Jun 2004	Message Posted: Feb 14, 2013 2:25:29 AM Ignore Matt G Report Abuse And throws the USA under the bus
yakstar Champion Author Montreal Posts:2,405 Points:476,720 Joined:Jan 2012	Message Posted: Feb 14, 2013 2:18:50 AM Ignore yakstar Report Abuse shaibu!
nurdco Champion Author Colorado Springs Posts:9,212 Points:1,691,485 Joined:Apr 2008	Message Posted: Feb 14, 2013 2:17:33 AM Ignore nurdco Report Abuse Next is nationalization by Putin... Exxon is then out side looking in at Putin with empty pockets
bobzilla11 Champion Author Indiana Posts:1,191 Points:492,450 Joined:May 2011	Message Posted: Feb 14, 2013 2:17:20 AM Ignore bobzilla11 Report Abuse proceed with caution
gmcgas Champion Author Atlanta Posts:5,937 Points:1,711,145 Joined:Mar 2004	Message Posted: Feb 14, 2013 2:14:36 AM Ignore gmcgas Report Abuse supply and demand won't have anything to do with it.
JoeKR Champion Author New Jersey Posts:9,458 Points:1,742,295 Joined:Feb 2006	Message Posted: Feb 14, 2013 2:13:37 AM Ignore JoeKR Report Abuse Beware the Bear!
mcbrownie220 Sophomore Author Toledo Posts:225 Points:151,375 Joined:Jun 2012	Message Posted: Feb 14, 2013 2:09:00 AM Ignore mcbrownie220 Report Abuse ok
gaspumpin Champion Author Indiana Posts:1,655 Points:385,555 Joined:Apr 2012	Message Posted: Feb 14, 2013 2:08:43 AM Ignore gaspumpin Report Abuse Wonder what will become of this?
PetroScopper Champion Author Houston Posts:6,607 Points:1,547,050 Joined:Aug 2008	Message Posted: Feb 14, 2013 2:06:22 AM Ignore PetroScopper Report Abuse Good, I am glad to see the big boys working together! However, I don't think it means much for the American consumer though.
prkuehn Champion Author Arkansas Posts:2,936 Points:612,975 Joined:Aug 2011	Message Posted: Feb 14, 2013 2:04:31 AM Ignore prkuehn Report Abuse Good for Russia. Our president is too hell bent on killing capitalism.
scorpiogg Sophomore Author Modesto Posts:248 Points:157,100 Joined:Nov 2012	Message Posted: Feb 14, 2013 2:02:47 AM Ignore scorpiogg Report Abuse well
UseLessGasFolks Champion Author Iowa Posts:5,431 Points:1,292,925 Joined:Jul 2007	Message Posted: Feb 14, 2013 2:00:32 AM Ignore UseLessGasFolks Report Abuse Be careful.
Quick68 Champion Author Columbus Posts:8,183 Points:1,222,875 Joined:Dec 2009	Message Posted: Feb 14, 2013 1:58:01 AM Ignore Quick68 Report Abuse This is why we pay a higher price for gas. Russia, China & Japan gets our oil.
VikingWoman Champion Author Washington Posts:1,246 Points:248,640 Joined:May 2012	Message Posted: Feb 14, 2013 1:57:46 AM Ignore VikingWoman Report Abuse There's a Sarah Palin joke in here somewhere...
1Boog Champion Author Lincoln Posts:5,961 Points:1,198,975 Joined:May 2004	Message Posted: Feb 14, 2013 1:57:20 AM Ignore 1Boog Report Abuse won't affect prices!
defiancegasman Champion Author Ohio Posts:7,075 Points:1,322,185 Joined:May 2006	Message Posted: Feb 14, 2013 1:57:20 AM Ignore defiancegasman Report Abuse And RUSSIA will get a fee for all OIL, NAT GAS that is found and sold outside RUSSIA. GOLD OLD USA will continue to NOTHING for what is exported from here!!!!
bobdec Champion Author Miami Posts:8,949 Points:1,766,795 Joined:May 2008	Message Posted: Feb 14, 2013 1:56:43 AM Ignore bobdec Report Abuse It will nave no effect on gas prces
Rooster922 Champion Author Wilmington Posts:3,773 Points:653,145 Joined:Jan 2009	Message Posted: Feb 14, 2013 1:54:22 AM Ignore Rooster922 Report Abuse Oh well
Ahking Champion Author Orange County Posts:3,492 Points:600,445 Joined:May 2011	Message Posted: Feb 14, 2013 1:49:06 AM Ignore Ahking Report Abuse Apparent both have something to gain.
rocknvox All-Star Author Bakersfield Posts:679 Points:137,775 Joined:Nov 2012	Message Posted: Feb 14, 2013 1:48:51 AM Ignore rocknvox Report Abuse the more countries share, the less likely they attack each other
gasguzler4667 Sophomore Author Ottawa Posts:202 Points:10,210 Joined:Nov 2012	Message Posted: Feb 14, 2013 1:47:45 AM Ignore gasguzler4667 Report Abuse So what is the big deal?
Steve6921 Sophomore Author New Hampshire Posts:104 Points:156,980 Joined:Aug 2012	Message Posted: Feb 14, 2013 1:47:08 AM Ignore Steve6921 Report Abuse 4 more years
NAVYHM All-Star Author Cleveland Posts:761 Points:1,383,455 Joined:May 2008	Message Posted: Feb 14, 2013 1:43:06 AM Ignore NAVYHM Report Abuse SO WHATEVER...