Exxon Defends XTO Energy Deal, Warns Against New Regulation on Hydraulic Fracturing

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Exxon first wants Congress to drop plans to regulate a common underground injection technique known as hydraulic fracturing, which is used by Fort Worth-based XTO in the Barnett Shale. Lawmakers at Wednesday's hearing, scheduled to review the Exxon-XTO merger, often focused on a bill that would require companies to disclose the mixture of chemicals they shoot underground.

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