Politics

Hastert meets with ExxonMobil CEO.

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National Journal reports that after meeting with ExxonMobil CEO Rex Tillerson today, House Speaker Hastert “said Congress should concentrate on opening the Arctic National Wildlife Refuge to drilling rather than” the proposed $100 rebate to lower gas prices. If drilling is allowed, the Department of Energy has said that “even twenty years down the road, when Arctic Refuge oil is at or near peak production, gas prices would be affected by about a penny per gallon.”