The Motley Fool Discussion Boards

Previous Page

Investment Analysis Clubs / Macro Economic Trends and Risks


Subject:  OT NIMBY irony Date:  2/24/2014  4:06 PM
Author:  steve203 Number:  445407 of 536521

Exxon CEO joins lawsuit citing fracking concerns

Rex Tillerson and his wealthy Texas neighbors are fighting the construction of a tower that would provide water for drilling.

While the lawsuit Tillerson joined cites the side effects of fracking, a lawyer representing the Exxon CEO said he hadn't complained about such disturbances. "I have other clients who were concerned about the potential for noise and traffic problems, but he's never expressed that to me or anyone else," said Michael Whitten, who runs a small law practice in Denton, Texas. Whitten said Tillerson's primary concern is that his property value would be harmed.

The lead plaintiffs are former U.S. House Majority Leader Dick Armey and his wife, who have become fixtures at Town Council meetings.

Funny, when there aren't any connected people involved, the state uses it's eminent domain power to force corporate owned pipelines through people's private property.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us