Exxon CEO Says Fracking Is Safe, Joins Lawsuit To Stop Fracking Near His Home.
Exxon’s CEO is part of a lawsuit to stop construction of a water tower near his home that would be used as part of the fracking process.
While fracking — hydraulic fracturing of rock to release pockets of oil — has raised complaints from environmentalists around the country, Chairman and CEO Rex Tillerson’s opposition to a project in his own neighborhood is interesting, given how deeply Exxon Mobil is involved in the process.
Tillerson appeared at a Town Council meeting in Bartonville, Tex., the wealthy enclave near his Dallas home last November to join in the protest over the water tower, The Wall Street Journal reports.
The lawsuit contends the project would create “a noise nuisance and traffic hazards.” Trucks would be needed to haul and pump water.