- Exxon CEO Joins Suit Citing Fracking Concerns (Wall Street Journal, Feb 20, 2014):
Residents of Dallas Suburb Fight Construction of Tower That Would Provide Water for Drilling
BARTONVILLE, Texas—One evening last November, a tall, white-haired man turned up at a Town Council meeting to protest construction of a water tower near his home in this wealthy community outside Dallas.
The man was Rex Tillerson, chairman and chief executive of Exxon Mobil Corp.
He and his neighbors had filed suit to block the tower, saying it is illegal and would create “a noise nuisance and traffic hazards,” in part because it would provide water for use in hydraulic fracturing. Fracking, which requires heavy trucks to haul and pump massive amounts of water, unlocks oil and gas from dense rock and has helped touch off a surge in U.S. energy output.
It also is a core part of Exxon’s business.
- Exxon CEO troubled by fracking-related water tank in his neighbourhood (The Globe And Mail, Feb 24, 2014):
Tillerson fights tower
Rex Tillerson’s company may be a big player in fracking, but the chief executive of Exxon Mobil Corp. has a problem with what the related issues could mean to the value of his ranch.
The chief executive officer of Exxon Mobil Corp., a major player where the controversial technique is concerned, is among a group of citizens in Bartonville, near Dallas, who are opposing a massive tower that would supply water for fracking.
Fracking, or hydraulic fracturing, pumps water and chemicals underground to break up rock and push gas or oil to the surface, and there are huge environmental concerns surrounding the practice.
Citizens of Bartonville, described as a wealthy community, which you’d expect given that it houses the chief of Exxon, have sued to try to stop the tower.