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Natural Gas That Backed Romney May Gain From Obama Win

Nov 9, 2012
(Bloomberg Businessweek)

Natural gas producers such as Exxon Mobil Corp. (XOM) spent millions of dollars this year trying to defeat Democrats, such as President Barack Obama. His re-election may end up being a boon for them.

While Obama will continue with a series of environmental regulations that would curb the production and use of coal, his policies promise to boost demand for natural gas in vehicles and power plants and facilitate domestic oil and gas output to levels not seen in more than two decades.