Exxon Mobil CEO Rex Tillerson is an outspoken supporter of fracking, but hes not pleased with a potentially fracking-related project in his Texas neighborhood. As the Wall Street Journal reports, Tillerson has joined a lawsuit that aims to block construction of a 160-foot water tower that could be used to support fracking projects near the Dallas suburb of Bartonville. The lawsuit, filed in 2012, argues that the tower would encourage the city to sell water to oil and gas explorers for fracking shale formations leading to traffic with heavy trucks… creating a noise nuisance and traffic hazards. But Tillersons representatives say hes not opposed to the tower being used to support fracking, stressing that his primary concern is that it would be an eyesore for the community, potentially hurting property values. Mr. Tillerson does not object to the tower for its potential use for water and gas operations for fracking, Exxon Mobil spokesman Alan Jeffers told Reuters, adding that Tillersons property is already near other oil and gas operations.
Exxon Mobil CEO says water tower lawsuit isn’t related to fracking
27
Feb
2014
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