Friday, February 21, 2014

Good for thee but not for me

ExxonMobil CEO Rex Tillerson's affection for fracking is a sometimes thing.

ThinkProgress explains.
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.
Maybe this experience will give Mr. Tillerson some appreciation of how fracking and its infrastructure affect surrounding properties.

But probably not.