Exxon Mobil (XOM -0.7%) announces a 5-year plan to invest $185B to develop new energy sources....

|About: Exxon Mobil Corporation (XOM)|By:, SA News Editor

Exxon Mobil (XOM -0.7%) announces a 5-year plan to invest $185B to develop new energy sources. In a talk by CEO Rex Tillerson at the NYSE, the exec says oil and natural gas will supply 60% of the world's energy needs over the next 3 decades - spurring the need for development of new energy technologies.