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COP: Drill, Baby, Drill in Alaska

Monday, 19 Dec 2011 | 7:46 PM ET

CNBC's Brian Sullivan reports ConocoPhillips was issued a permit to develop the first commercial oil well in Alaska; 13 thousand gallons of synthetic drilling fluid has leaked from a Shell rig in the Gulf of Mexico; the ITC has banned the imports of HTC handsets; and Swedish car maker, Saab has declared bankruptcy.