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Exxon Mobil's CEO Says No to Fracking … Near His Texas Ranch

Contrary to everything he's ever said, Exxon Mobil CEO Rex Tillerson says fracking is bad. At least, when it's near his million-dollar home.

by Olivia Becker
Feb 24 2014, 8:40pm

Photo by shannonpatrick17

One month from today, the world will celebrate the 25th anniversary of the Exxon Valdez oil spill, which dumped up to 750,000 barrels of crude oil into pristine Prince William Sound in Alaska. It was the largest spill in US waters until the Deepwater Horizon disaster in 2010.

In related news, Rex Tillerson, the CEO of Exxon Mobil Corporation, has joined a lawsuit to stop a 15-story water tower that will be used for fracking from being built near his 83-acre Texas ranch. Tillerson and his fellow plaintiffs — among then former Republican House Majority Leader Dick Armey — argue that the proposed water tower would “devalue their properties and adversely impact the rural lifestyle they sought to enjoy." The plaintiffs state their ranches are all worth at least $1 million; Tillerson's in particular sounds wonderful, with “homes, barns, and a state of the art horse training facility.”

The lawsuit details the concerns Tillerson and his fellow ranch-owners have about fracking, including the noise, light pollution, and environmental harm they believe it will cause. They assert that the fracking will result in “undesirable development not in character with their neighborhood."

Oddly, Tillerson was quoted in 2011 criticizing "overzealous regulation" of the fracking industry. And in 2012, Exxon ran a $2 million series of pro-drilling newspaper and radio ads in New York.

Hydraulic fracturing, or fracking, is the process of drilling a mixture of highly pressurized water, chemicals, and sand into the ground to release deposits of natural gas. Exxon appears to think it's relatively harmless.

Unfortunately for Tillerson, the lawsuit will have little impact on the water tower, which is already 75 percent complete, according to Lloyd Hanson at Cross Timbers Water Supply Corporation, the company that supplies water to most of the surrounding area. “It’s not the first water tower in the area," Hanson told VICE News, "and we’ve never gotten any sort of complaints from residents before."

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FRACKING
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exxon mobil
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Rex Tillerson
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dick armey