I saw a news story today about a very wealthy man. A mean REAL rich. He made over 40 million dollars last year. He must be working his butt off. I am presuming he takes no vacations, so that comes out to $770,000 per week. $154,000 each DAY. Let’s say this guy works 10 hours a day. That’s $15,400 an HOUR. Just give this some perspective. A minimum wage worker (at $ 7.25 per hour) would gross $15, 080 per YEAR. $15,400 per hour vs. $15,080 per year. That is one hard working dude.
His job ? CEO of Exxon Mobil, the number one fracking company in the world. For those asleep during the Bush years. First, you were lucky. Next, during the Bush years the Cheney-Bush administration convinced Congress, in 2005, to EXEMPT fracking from the Safe Drinking Water Act . That’s right. If they want to frack your drinking water, there is nothing the EPA can do about it. (Although recently the EPA did find a loophole that will enable them to have some control over the issue).
Which brings us to lawsuits. Citizens groups are suing all over the country to try to limit or end this very questionable practice. Why ? In some cases their water spigots emit methane instead of water. Fracking is loud and detrimental to property values. Their kids have gotten sick. An odd phenomenon recently has been increased earthquake activity near fracking sites. Hmmmm…Take something out the ground and it moves ? Who would have thought? Usually these citizens groups are overwhelmed by corporate legal teams and simply can’t afford the legal expenses. So, they give up.
But not in Texas. One wealthy area is fighting against fracking. It is destroying their multi-millon dollar estates. It threatens to disrupt their bucolic existence. It is loud. And the water towers associated with it are ugly. They want it stopped. And they have the money to fight it out in court.
Which brings us full circle. You see, the $ 40,000,000 a year hard worker I was talking about lives in that area. He and his wife have a homestead and an 83 acre ranch. They don’t like the water towers. They don’t like the possibility of noise and disruption and escaping methane gas. And who is this wealthy guy ? In case you forgot. The CEO of ExxonMobil, the biggest fracking company on earth.
The very same CEO who has consistently defended fracking as safe, quiet and wholesome, when done next to YOUR house . When the methane leaks in YOUR neighborhood. When the property values plummet on YOUR street. For this CEO I have two words. Frack you.