Exxon CEO: Fracking is For the Plebes

Rex Tillerson, the CEO of Exxon, is a big fan of fracking and a strong critic of attempts to regulate fracking to protect the environment. Unless it’s the environment of his horse ranch, then he files a lawsuit to prevent it from happening lest it affect his property values.

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.

So it’s fracking for thee but not for me. How convenient.

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What Are Your Thoughts?leave a comment
  • Alverant

    Sounds like standard conservative logic. “It’s OK just as long as I’m not affected.”

  • D. C. Sessions

    To be fair, his objection isn’t to fracking directly — just to mining water. The fact that the water demand is to serve fracking is incidental — he would, I’m sure, object to any other water extraction just as much. In fact, because after all fracking is so universally good he’d probably object even more to non-fracking uses of water.

  • bybelknap

    Rex is an example of a person who needs to be nailed to a fucking plus sign until he is very, very sorry.

  • http://www.ranum.com Marcus Ranum

    Build a guillotine next to his house, see if he gets the point.

  • gerryl

    I was going to propose that the Keystone pipeline or any rail transport of fuel from the Canadian tar sands must be routed past (or through) the residential property of executives of the companies who will be profiting from the transport of the fuel. If the route can’t be engineered to pass their homes, then the executives will need to move to a spot on the pipeline or rail route. “If you want your pipeline, that is what it will cost you. Shouldn’t be a problem.”

  • Ichthyic

    Build a guillotine next to his house, see if he gets the point.

    I’m sure he would file another lawsuit because it lower his property values.

  • Albert Bakker

    I don’t know if it is an existing comedic device being employed here, but to my mind there is no denying mr. Tillerson’s wonderful sense of humor.

  • StevoR : Free West Papua, free Tibet, let the Chagossians return!

    Sounds fracking typical to me.

    BTW. There’s a good post up on it here too :


  • roggg

    Holy frack. If I’m Exxon, I’m paying this guy 5M to keep his name off any lawsuit of this nature.

  • bmiller

    Let’s not pick on “liberals” only here. What about the oh so pious liberals on Cape Cod suing over wind energy?

  • Ichthyic

    Let’s not pick on “liberals” only here. What about the oh so pious liberals on Cape Cod suing over wind energy?

    and what about Al Gore and his mansion of oil sucking power? amirite?

    obviously Al Gore can’t talk at all about global warming and the problems it creates if he owns a house, flies in a plane, drives a car…..

    or, you know, this could be an entirely ridiculous argument that acts as little more than a red herring.

    I’ll let you decide.