Like Exxon (XOM) and BP (BP), KKR is betting that energy prices will rise and U.S. shale gas...

|About: Exxon Mobil Corporation (XOM)|By:, SA News Editor

Like Exxon (XOM) and BP (BP), KKR is betting that energy prices will rise and U.S. shale gas will be a lucrative investment. The firm is reportedly building an exploration business for unconventional energy, and will focus on gas trapped in shale beds in Appalachia and Texas.