I’m not sure if this is a full-blown hypocrisy alert, but the Wall Street Journal reported late last week on a lawsuit in which Rex Tillerson, the CEO of ExxonMobil, has joined some fellow Denton County homeowners in attempting to block a fracking-related project.
Cross Timbers Water Supply Corporation wants to build a 160-foot water tower to supply natural gas drilling sites in the area. Neighboring property owners, including Tillerson, are concerned about the impact on their property values of heavy trucks frequently visiting the tower, creating additional noise and traffic.
The Raw Story cites some of Tillerson’s past critical statements about those who oppose hydraulic fracturing in the drilling process to imply his participation in the suit is a pot-kettle-black situation.
But Tillerson says this is about the devaluing of his property from the presence of the water tower, not fracking itself.Full Story