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House, Senate Bills Aim at Replacing Obama Oil-Drilling Plan

By Tennille Tracy WASHINGTON--House and Senate lawmakers are trying to overturn a five-year oil drilling plan developed by the Obama administration and replace it with new proposals that open up more federal waters to exploration. The House approved a bill Wednesday that paves the way for oil drilling in the Atlantic and Pacific oceans, areas where production has not taken place for several years, and nearly doubles the number of drilling lease auctions to be held between now and 2017. The bill passed the House by a vote of 253 to 170. Also Wednesday, Sen. Lisa Murkowski (R., Alaska) and a bipartisan group of senators unveiled a similar bill while also introducing a provision that forces the federal government to share more of the oil royalties with coastal states. The Interior Department finalized its five-year drilling plan earlier this year, outlining 12 lease auctions in the Gulf of Mexico, two in the Arctic Ocean and one in Cook Inlet. -By Tennille Tracy, Dow Jones Newswires; 202-862-6619; tennille.tracy@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Exxon Mobil (XOM)
DateTimeHeadline
11/21/201417:00:06Exxon's Chemical Business President Set to Retire Jan. 1
11/20/201413:30:08Texas Advisory Firm Ordered to Pay Exxon Retirees $3.8 Million
11/18/201422:14:12Indonesian Upstream Oil, Gas Regulator Names Sunaryadi as Head-Source
11/03/201419:27:40U.S. Stocks Slip on Oil-Price Slide
10/31/201410:16:20MARKET SNAPSHOT: U.S. Stocks: S&P 500, Dow Hit Record Levels
10/31/201409:17:47MARKET SNAPSHOT: U.S. Stocks: Dow Surges After BOJ Stimulus Surprise
10/31/201408:07:22MARKET SNAPSHOT: U.S. Stocks: Dow Could Open At An Intraday Record...
10/31/201407:48:48MARKET SNAPSHOT: U.S. Stocks: Futures Imply 200 Point Dow Surge...
10/31/201406:28:47MARKET SNAPSHOT: U.S. Stocks: Futures Point To Wall Street Rally...
10/30/201417:23:53Exxon Mobil Looks for More Barrels, More Profit -- Earnings Preview
10/27/201413:03:51U.S. Stocks Fall as Oil Slides
10/27/201411:55:51U.S. Stocks Pare Early Losses
10/27/201404:36:26ExxonMobil and OMV Petrom Explore New Prospect Offshore Romania
10/26/201405:18:37MARKET SNAPSHOT: Energy, Health Care Earnings To Dominate Week
10/14/201406:19:38Statoil, Exxon Find Gas Offshore Tanzania
10/10/201402:54:35Tullow Oil: Gabon Well has Encountered Hydrocarbons
10/09/201418:00:16Correction On Exxon Mobil, Venezuela Stories
09/22/201414:52:47Total Looks to China to Finance Russian Gas Project -- 3rd Update
09/22/201410:53:27Total Looks to China to Finance Russian Gas Project -- 2nd Update
09/19/201409:43:22U.S. Hot Stocks: Hot Stocks to Watch

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