IRVING, Texas, June 8 (UPI) -- Exxon Mobil announced Wednesday it made major oil and gas discoveries in the Gulf of Mexico after drilling its first post-moratorium exploration well.
U.S. lawmakers are feeling pressure from constituents as gasoline costs soar because of higher crude oil prices. The price of crude oil spiked this year in part because of ongoing unrest in the Middle East and North Africa, notably Libya.