Exxon Mobil to invest $50 billion in US over 5 years, citing tax reform

Exxon Mobil to invest more than $50 billion in the US over 5 years from CNBC.

Exxon Mobil, the world's largest publicly traded oil company, on Monday said it plans to invest $50 billion in the United States over the next five years. Darren Woods, chairman and CEO of Exxon, said in a blog post that the investment is partly due to recently passed corporate tax cuts. The announcement puts Exxon on the board with a number of other companies that have announced employee bonuses and investments following President Donald Trump and GOP lawmakers' tax overhaul.-- More.....