From Dr. Albert Mohler speaking at the Ligoner Ministries 2010 annual conference:
The idea that Genesis is merely literary has to be rejected out of hand as in direct contradiction to our understanding of the Bible as the inerrant and infallible word of God. That option for any credible and faithful evangelical Christian must be taken off the table. So then, we are left with the framework theory, held by some prominent evangelicals, but, I would argue, one of the least defensible positions when we understand that it is based upon the assumption not only that there may be a very long period of time that is involved and incorporated in Genesis 1 and the sequence of the days, but actually that the sequence does not matter! It simply is not credible, at least to me, that God gave us this text with such rich detail and sequential development merely that we would infer from it his providential direction without any specific reference to all the direct content that he has given us within the text.
It certainly seems by any common sense natural reading of the text that it is making historical and sequential claims.