Wow, ExxonMobil CEO Sues To Block Fracking-Related Project Near His Home (Note: ExxonMobil Is Biggest Natural Gas Producer In US)
So much wow here. So much wow. Reposting from ClimateProgress:
By Rebecca Leber
As ExxonMobil’s CEO, it’s Rex Tillerson’s job to promote the hydraulic fracturing enabling the recent oil and gas boom, and fight regulatory oversight. The oil company is the biggest natural gas producer in the U.S., relying on the controversial drilling technology to extract it.
The exception is when Tillerson’s $5 million property value might be harmed. Tillerson has joined a lawsuit that cites fracking’s consequences in order to block the construction of a 160-foot water tower next to his and his wife’s Texas home.
The Wall Street Journal reports the tower would supply water to a nearby fracking site, and the plaintiffs argue the project would cause too much noise and traffic from hauling the water from the tower to the drilling site. The water tower, owned by Cross Timbers Water Supply Corporation, “will sell water to oil and gas explorers for fracing [sic] shale formations leading to traffic with heavy trucks on FM 407, creating a noise nuisance and traffic hazards,” the suit says.
Though Tillerson’s name is on the lawsuit, a lawyer representing him said his concern is about the devaluation of his property, not fracking specifically.
When he is acting as Exxon CEO, not a homeowner, Tillerson has lashed out at fracking critics and proponents of regulation. “This type of dysfunctional regulation is holding back the American economic recovery, growth, and global competitiveness,” he said in 2012. Natural gas production “is an old technology just being applied, integrated with some new technologies,” he said in another interview. “So the risks are very manageable.”
In shale regions, less wealthy residents have protested fracking development for impacts more consequential than noise, including water contamination and cancer risk. Exxon’s oil and gas operations and the resulting spills not only sinks property values, but the spills have leveled homes and destroyed regions.
Exxon, which pays Tillerson a total $40.3 million, is staying out of the legal tangle. A spokesperson told the WSJ it “has no involvement in the legal matter.”
Photo credit: World Economic Forum / Foter / CC BY-NC-SA
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Yep. Rex Tillerson of “We will adapt to THAT!” fame when downplaying global warming seems to be unable to adapt to Fracking in his back yard.
Fossil Fuelers are all proud members of the Hypocrites ‘R’ US liars; It’s all about profits over planet for them and the shaft for everyone else.
Tbh, I put that video in this piece and then decided to remove it. lol. Reason: too much disinformation that it just didn’t make sense to echo. But your first part above would have been a great way of including it.
Was very tempted to use the word “hypocrite” as well. Looks like we’re on the same page. 😀
I’m honored to be on the same page you are, my friend.
This story is very intriguing. So many questions. Didn’t Tillerson realise the symbolic value of his action? Did he expect to stay under the radar? He was payed 40 million last year, is he now recklessly harming his employer which can potentially cost them a multiple of the perhaps 1 or 2 million in property devaluation that he may or may not suffer? Didn’t he weigh, in his own interest, the value of his salary, compared to which the value of his home is mere pocket change? Why did fossil baron friend Rupert Murdoch break the news in his Wall Street Journal? How do the other board members of Exxon now feel about their commander in chief?
I’m really curious how this will all pan out and whether this will blow over as a minor blip or develop into a media fueled controversy.
blip
If they can cover up an entire spill in the Gulf, cover up a 10 year old war in Iraq, and cover up inside jobs like 9.11, they can hush this down without blinking an eye.
He is out of touch, living in a alternate universe where laws, things he doesn’t like & where his family is the mighty dollar. This is all he answers to the dollar & shareholders. He DOES NOT care about others health, land, community, city, county or town. Just more and more and more dollars! Sad but this is all he and the 1% measure what they call life!
I hope they frack right under this ahole’s house.
of course Fracking is great when it is NIMBY. I hope they frack all around this idiots house. Fracking is safe, right? Don’t worry, your water is safe. Your kids and grandkids can safely dig in the ground and play around the wells. All those toxic chemicals put in the ground wont ever come back to the surface.
But they aren’t fracking! They’re just drilling for water. No chemicals will be injected in the soil beneath his house. It is merely drilling for water that already has him totally freaking out enough to try and stop it.
It’s hilarious. And crazy. Would be interesting to take off from my job for a few weeks to try to visit and learn more. 😀
Good point! He just only sees what is in his delusional universe. This guy doesn’t want regulations from the government agencies i.e. EPA. If you ask most people no one wants govt. to control everything, however, if we didn’t have regulations on food, water, drugs, oil, gas, mining or work safety. Simply put these type companies like ExxonMobil would do anything to line their pockets finding cheap ways to do things that are currently regulated. The best example is China look at their pollution, worker conditions etc… that is actually what would happen if the USA did not have these agencies & regulations. Just recently in the USA, Texas & West Virginia. Texas had that huge explosion at a chemical plant that literally wiped a whole town off the map. West Virginia just had a chemical storage spill in a river that supplies thousands with water. So once again of course Mr. Tillerson doesn’t want this “project” near his home.
Alieno culo piper refrigerium est
Hypocrisy of the highest order. He doesn’t want the value of his property to be diminished by activity related to fracking but if my humble home becomes worthless and unlivable for the same reason…Oh well, tough shit on me. F*%King creep…
Just makes me laugh on so many level. How does that water taste now buddy? Don’t like the chemicals/trucks/construction noise/eyesores/potential health hazards/flammable water? Neither do we 😀 I absolutely cannot believe he would sign his name on that petition regardless of how much it might devalue his house – $5M is a drop in the bucket when you make $40M/yr…take it on the chin, setup an umbrella corp and funnel your money through that to crush the company or location quietly…has he learned nothing from the koch bros/bush family etc etc ? LoL. Eat up buddy, that poison doesnt quite taste the same when it’s in your backyard, does it ?
I know, man, am totally shocked. The pure ignorance.
Unbelievable. Amazing. Incredible. Arsehole. I am literally speechless at what you Americans allow to go on in your own country!
The epitome of hypocrisy.
https://sanjoaquin.bandcamp.com
my buddy wrote this
What a fracking joke! Hypocrisy at is finest. This shows just how out of touch the 1% are with the 99%. ExxonMobil has bullied those cites, counties & homeowners that have tried to sue them to stop projects like the one Mr. Tillerson is so outraged about!!! So basically isn’t he sorta just suing himself? People like this don’t care about safety regulations, EPA regulations or people in general. It’s the mighty dollar they have a relationship with! Watch as he uses his money to support a Tea Turd that wants less government like EPA to further their Fracking Cause. Hegullible citizens by telling them what they want to hear. These vultures just like the Koch Brothers don’t care about these citizens they just want someone to do their dirty work. They fund the crap & hide. They never speak in public or news interviews because people will do it for them. So my Question Is: “don’t those supporting their idelogy & views reliaze their supporting something that is against their best interest?”Wake up those buying basically government with their millions & millions out projects like this right threw your community, town, county or land. If you vote for their candidates they support then when it happens not if, you CAN NOT whine or moan about it! Think before voting this mid-election 2014.