Exxon Mobil EYES Alaskan Reserve as Dow Remains Positive

Exxon Mobil Corporation (NYSE:XOM): United States Secretary of the Interior Ken Salazar announced a plan on Monday that would permit drilling on 50 percent of the nearly 23 million acre National Petroleum Reserve in Alaska, according to The Washington Post. However, the decision drew fire from oil and gas backers.

Don’t Miss: Is General Electric a Buy, Sell, or Hold?¬†

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.