Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

unhappycamper

(60,364 posts)
Sat Feb 22, 2014, 08:51 AM Feb 2014

Exxon CEO joins anti-fracking lawsuit after drilling threatens his property value

http://www.salon.com/2014/02/21/exxon_ceo_joins_anti_fracking_lawsuit_after_drilling_threatens_his_property_value/



It seems it's not so easy to be pro-fracking when it affects you directly

Exxon CEO joins anti-fracking lawsuit after drilling threatens his property value
Lindsay Abrams
Friday, Feb 21, 2014 04:44 PM EST

Exxon CEO Rex Tillerson is involved in a legal battle over fracking. The weird part is, he’s on the side that’s against it.

Don’t worry, Tillerson hasn’t changed his “Drill, baby, drill” mentality or had a change of heart about the evils of regulatory oversight in general. He’s just worried about the effect that drilling is going to have where he lives. Specifically, he wants to block the construction of a 160-foot water tower next to his home in Bartonville, Texas, which would provide water for nearby fracking operations. In order to do so, The Wall Street Journal reports, he’s signed onto a lawsuit that details the many unsavory consequences of fracking:

(Tillerson) and his neighbors had filed suit to block the tower, saying it is illegal and would create “a noise nuisance and traffic hazards,” in part because it would provide water for use in hydraulic fracturing. Fracking, which requires heavy trucks to haul and pump massive amounts of water, unlocks oil and gas from dense rock and has helped touch off a surge in U.S. energy output.


~snip~

When he’s wearing his CEO of a Major Oil Company hat, Climate Progress points out, Tillerson’s views on fracking have been quite different. “This type of dysfunctional regulation is holding back the American economic recovery, growth, and global competitiveness,” he said in 2012 of attempts to increase oversight of drilling operations.
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Exxon CEO joins anti-fracking lawsuit after drilling threatens his property value (Original Post) unhappycamper Feb 2014 OP
Justice SamKnause Feb 2014 #1
Oh, that's too fabulous! I hope they frack the crap out of his property values. Squinch Feb 2014 #2
Latest Discussions»Issue Forums»Environment & Energy»Exxon CEO joins anti-frac...