|Exxon Mobil CEO Rex Tillerson Cries NIMBY and Sues the Frackers
Rex Tillerson is the chairman, president, and CEO of Exxon Mobil Corporation. Under Tillerson’s leadership Exxon acquired XTO Energy, making Exxon the biggest natural gas producer in the U.S.
Go ahead, look it up. I’ll wait. And here is some “About” text from the XTO web site you can confirm:
XTO Energy Inc. was founded in 1986 in Fort Worth, Texas.
Safely and responsibly extracting natural gas from U.S. shale and other tight formations is our principal business. We also produce crude oil and natural gas liquids in the United States.
We’re the nation’s largest holder of natural gas reserves, and we have one of the highest drilling success rates in the industry.
We operate throughout the United States, from the Great Plains to Appalachia. You’ll find us in places such as Montana and Pennsylvania, Utah and Louisiana, and Texas and Ohio. We own interests in approximately 40,000 producing oil and natural gas wells across the country.
XTO Energy Inc. and Exxon Mobil Corporation merged in 2010.
In March 2013, Rex and his wife, in conjunction with five other well-to-do neighboring couples from Bartonville, Texas, filed a lawsuit. According to petition No. 2012-30982-211 filed in the district court of Denton County, Texas, Rex and Renda live on their Bartonville ranch, named Bar RR Ranches, LLC, which has a fair market value in excess of $5 million.
Whom are they suing? The defendants are the “BARTONVILLE WATER SUPPLY CORPORATION; ITS GENERAL MANAGER AND ITS BOARD OF DIRECTORS.”
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