- Not in my backyard: Exxon Mobil (XOM) CEO Rex Tillerson has joined a lawsuit filed by his neighbors to block construction of a water tower, saying it is illegal and would create noise and traffic hazards partly because it would provide water for use in fracking - a core part of his company's business.
- While wearing his oil company CEO hat, Tillerson has railed against fracking critics, saying "dysfunctional regulation is holding back the American economic recovery, growth and global competitiveness."
- While Tillerson’s name is on the lawsuit, a lawyer representing him says his concern is about the devaluation of his property, not fracking specifically.
From other sites
at MarketRealist.com (Mar 23, 2015)
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