Exxon’s XTO merger proposal isn’t killing the FRAC Act.

December 18, 2009 • Alan Septoff

Exxon, America's biggest oil company, is planning on merging with XTO, a $25 billion oil and gas drilling company heavily invested in hydraulic fracturing of shale gas deposits.

Whether or not you think that's a good thing, it's causing a bit of furor in part because Exxon has included some language pertaining to fracking's regulatory landscape.