re: Exxon was the world's largest company in 2013. Now it's being kicked out of the Dow

Fracking will not be allowed to exist in the U.S after gen y/z come into power.

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It's all political with no merit

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It's like that with their management too. If you don't fit the mold of an "Exxon" man (usually boomer engineers who go to schools like A&M, UT, and certain SEC schools) then you were less likely to move up the chain.

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Batteries are getting better and cheaper every day.

I’ll never understand how free market people all of a sudden think they’ve found some insurmountable problem the market can’t solve. Yall sound like people at the turn of the century saying there will be no use for cars, horses will always be the key!!

Tesla is the future, DWI. And it has little to nothing to do with climate change so leave your politics at the door.

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Very well will be the future but there is NOTHING Tesla can do to replace the products hydrocarbons make which are in the thousands that every day people around the world use.

Vehicles, planes, boats, etc are one thing but hydrocarbons also create products.

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I think it’s funny you idiots still think all this oil and natural gas came from fossils

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I am a retired petroleum geologist. Two points about the term “fossil fuels”.
1. Oil and natural gas are derived from long dead plants and algae. By long dead I mean millions of years. Hence the fuels are derived from long dead plant material or “fossil”/ancient.
2. Material from which oil and gas are derived can be identified in the rocks and hence are fossils. Fossil plant material.
You have any other questions?

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Rex Tillerson

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Paid way too much money for XTO because Exxon’s arrogance made them ignore shale until it was too late then he thought they could buy their way in. Although he at least maintained the stock price for the most part, Darren Woods has proudly presided over the company losing over half its valuation since he took over. That’s what happens when a downstream guy runs a company that makes all its money pulling oil out of the ground. Exxon needs to go steal the highest level executive they can get from Chevron.

They also lost their edge when they decided to cave to the SJW mob and made inclusion and diversity more important than skill set in their hiring and promotional decisions. They tried to overcome 100 years of hiring and promoting only white males by persecuting them and hiring the first red, yellow and brown employees that applied for jobs. Employees spending more time meeting in company sponsored diversity chapters than doing their real work. It’s been horrible for the morale of everyone else, and hiring And retaining the best and brightest has become an afterthought in favor of ensuring meetings look like a meeting of the UN.

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boosiebadazz

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If you don’t think JBE and his GumboPac overlords had everything to do with the XOM/SABIC $8 Billion project going to Corpus rather than Baton Rouge, then you are more clueless than I thought.