Exxon Mobil Corp. Announced It Plans to Spend $20 Billion Over 10 Years Along the Gulf Coast Resulting in the Creation of 45,000 Jobs
JOBS, JOBS, AND MORE JOBS DURING THE TRUMP PRESIDENCY …
In a press release from Exxon Mobil Corp, they stated that they will be expanding capacity along the U.S. Gulf Coast and plan to invest in $20 billion over the next 10 years and crating over 45,000 jobs. Exxon-Mobile went on to say that many of these are high-skilled, high-paying jobs averaging about $100,000 a year. They also went on to say that the creation of these jobs would have a “multiplier effect” creating more jobs in these communities to service these new investments. This is how capitalism works America. President Donald Trump congratulated Exxon-Mobile and stated, “This is exactly the kind of investment, economic development and job creation that will help put Americans back to work.”
Exxon Mobil Corporation (NYSE:XOM) is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of $20 billion over a 10-year period to take advantage of the American energy revolution, Darren Woods, chairman and chief executive officer, said Monday.
The projects, at 11 proposed and existing sites, are expected to generate thousands of new high-paying jobs and $20 billion in increased economic activity in Texas and Louisiana, Woods said, highlighting the company’s Growing the Gulf initiative in a keynote speech today at the CERAWeek 2017 conference.
“Importantly, Growing the Gulf also creates jobs and lasting economic benefits for the communities where they’re located,” Woods said. “All told, we expect these 11 projects to create over 45,000 jobs. Many of these are high-skilled, high-paying jobs averaging about $100,000 a year. And these jobs will have a multiplier effect, creating many more jobs in the communities that service these new investments.”
But the Democrat-media complex is so quick to give Barack Obama the credit for this and not President Donald Trump. The Obama water carrying ABC News wrote, “But Exxon’s expansion plan was hatched long before Trump entered the White House: investments began in 2013, during Barack Obama’s presidency, and are expected to continue through at least 2022, according to Exxon.” REALLY? As if fossil fuel related jobs would have ever been created in an Obama administration or Hillary Clinton. GET REAL. Who honestly has the audacity but the liberal MSM to think that fossil fuel jobs and investment would have taken place under a presidency that loathed oil.
Presidents do not generally create jobs, unless you are Donald Trump and actually get personally involved in negotiations with companies and keep jobs in America as opposed to going elsewhere, what presidents do is to create an environment conducive to business. That is what Trump has done. There is no way under the liberal war on coal and energy that Exxon-Mobile would have ever pulled the trigger on this.
But Exxon’s expansion plan was hatched long before Trump entered the White House: investments began in 2013, during Barack Obama’s presidency, and are expected to continue through at least 2022, according to Exxon.
Still, during a keynote speech Monday at an oil and gas industry conference in Houston, Woods gave credit to the Trump administration.