The links being passed around today about Exxon CEO Rex Tillerson trying to block fracking near his Texas ranch are wrong. People love a good hypocrisy story, but all the irony of the story is based on confusion stemming from purposely-vague headlines.
Exxon CEO Comes Out Against Fracking Project Because It Will Affect His Property Values
Exxon CEO Joins Suit Citing Fracking Concerns
In reality, the lawsuit is about a proposed 160 foot water tower, which is the height of a 16-story building according to the court documents. Tillerson and his neighbors live in a residential zone that does not allow the construction of tall buildings, but the Bartonville Water Supply Corporation is considered a public utility and claims exemption from zoning restrictions in its attempt to build the water-collecting tower. They think it will spoil their view and want it stopped.
Tucked into the complaint are also concerns that the Bartonville Water Supply Corp. will sell some of the stored water to energy companies for hydraulic fracturing -- also known as fracking -- and hauling the water away will create a "noise nuisance and traffic hazards."