Thursday, May 29, 2008

Get It On, Rex T.

Kudos to my fellow ExxonMobil shareholders for slapping down all of these silly shareholder proposals aimed to weaken ExxonMobil and for rebuking the busybody Rockefeller trust fund babies.

Here is an example of the distorted and shoddy reporting on the ExxonMobil shareholders meeting. It is about what you'd expect from the Canadian press. The first error, born of bias, comes right in the title "ExxonMobil CEO take aim at environmentalists". Truth is that environmentalists have taken aim at Exxon. They picked this fight. Tillerson is simply defending his company, which is his job. We don't have to wait too long for the second error, which this time is merely the result of shoddy journalism, for it comes in the first sentence. "Rex Tillerson, chairman and chief executive of Exxon Mobil Corp., the world's largest oil-and-gas company, came out swinging Wednesday..." ExxonMobil is not the world's largest oil and gas company. Not even close. It is the largest privately held oil and gas company, meaning the largest oil and gas company to allow such open and vigorous debate regarding its role in the industry and even in society. National Iranian Oil and Saudi Aramco, not so much.

Good work Rex. Now let's get it on.

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