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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
02/08/201615:17:16Statement of Changes in Beneficial Ownership (4)
02/08/201615:08:39Statement of Changes in Beneficial Ownership (4)
02/05/201618:37:25Statement of Changes in Beneficial Ownership (4)
02/05/201615:31:41Statement of Changes in Beneficial Ownership (4)
02/05/201603:03:00Pay Dividends Or Keep Ratings
02/04/201614:30:00Suncor CEO Vows to Protect Dividend Amid Oil-Price Swoon
02/03/201623:10:00Canadian Oil Giant Suncor Energy Posts Loss
02/03/201617:47:00Oil Prices Rise 8% on Weak Dollar, Despite Daunting Supply Data
02/03/201617:23:00MARKET SNAPSHOT: Bipolar Dow Industrials Ends Sharply Higher...
02/03/201617:19:00MARKET SNAPSHOT: Bipolar Dow Industrials Ends Sharply Higher...
02/03/201615:57:00Oil Prices Rise 8% on Weak Dollar, Despite Daunting Supply Data
02/03/201615:53:00MARKET SNAPSHOT: Wall Street Pivots Higher; Dow Sees Triple-digit...
02/03/201603:02:00Crude Slump Pressures Exxon, BP
02/03/201602:00:00Crude Oil Stays Below $30 a Barrel
02/02/201620:50:00Japan's Shares Fall Sharply
02/02/201620:10:00Oil Slump Pressures Exxon, BP Results
02/02/201619:59:00Oil Slump Pressures Exxon, BP Results
02/02/201617:00:00S&P Cuts Ratings of 10 U.S. Oil Companies
02/02/201614:54:00Exxon Mobil Profit Tumbles 58% -- 3rd Update
02/02/201612:05:00Exxon Gets OK to Truck Crude Oil on California Highway -- Update

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