THIS lends new meaning to the acronym NIMBY (Not In My Back Yard):


As ExxonMobilís CEO, itís Rex Tillersonís job to promote the hydraulic fracturing enabling the recent oil and gas boom, and fight regulatory oversight. The oil company is the biggest natural gas producer in the U.S., relying on the controversial drilling technology to extract it.


The exception is when Tillersonís $5 million property value might be harmed. Tillerson has joined a lawsuit that cites frackingís consequences in order to block the construction of a 160-foot water tower next to his and his wifeís Texas home.


The Wall Street ...

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THIS lends new meaning to the acronym NIMBY (Not In My Back Yard):

As ExxonMobilís CEO, itís Rex Tillersonís job to promote the hydraulic fracturing enabling the recent oil and gas boom, and fight regulatory oversight. The oil company is the biggest natural gas producer in the U.S., relying on the controversial drilling technology to extract it.

The exception is when Tillersonís $5 million property value might be harmed. Tillerson has joined a lawsuit that cites frackingís consequences in order to block the construction of a 160-foot water tower next to his and his wifeís Texas home.

The Wall Street ...

Read more