Exxon Mobil is scaling back its plan to increase spending to boost its oil and gas production by 2025 and preparing to slash the book value of its assets by up to $20 billion, The Texas oil giant, which has lost more than $2.3 billion over the first three quarters of this year, released a reduced spending outlook for the next five years. It now plans to spend $19 billion or less next year and $20 billion to $25 billion a year between 2022 and 2025. It had previously planned to spend more than $30 billion a year thru 2025.
Southwest is trying to get you back on its planes with fares as low as $39 one way…calling it the “Wanna 2021 Getaway” sale. The offer covers select travel dates through March 17. A one-way non-stop between New Orleans and Dallas Love Field is $49.