Exxon's CEO Rex Tillerson and XTO's founder Bob Simpson will testify in front of the House Energy and Commerce panel today trying to convince them that Hydraulic Fracturing is safe for the environment and has no environmental impact. It is expected that the panel will question the two on other issues like offshore drilling, drilling on public lands and executive compensation.
Exxon isn't exactly the most trust worthy company around. They recently were caught hiding the radiation risk of used pipe. Check out their drilling practices in far South West Texas at Rancho Los Malulos.
The Gas and Oil Industry spent 120,729,249 lobbying in 2009. They spent that money lobbying for the right to keep doing it wrong. To stop bills like the frac act. Why not spend the money to do it right?
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