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.
Lame Duck President Barack Obama Bans Oil Drilling in Vast Areas of Atlantic and Arctic Oceans With His Pen
THIS IS THE REASON WHY THERE SHOULD BE A LAW THAT STATES A LAME DUCK PRESIDENT SHOULD BE ALLOWED TO DO NOTHING LIKE THIS TO IMPACT FUTURE PRESIDENTS …
The Divider in Chief, the Community agitator in chief has done it again. Outgoing, lame duck president Barack Obama has banned oil and gas drilling with his pen from hundreds of millions of acres of federally owned land in the Arctic and Atlantic Ocean. What a shock that he would do this on the way out the door and impacting a Trump presidency, as opposed to doing it prior to the 2016 elections. However, the gutless wonder in chief would never had provided such a pre-election gift to the environmental wackos as it would have affected the election in a negative manner for Democrats. Even though White House mouthpieces say this executive order cannot be undone by a future president, look for Trump to squash this like a bug. One thing is for certain when it comes to Trump, he hardly cares about precedent when it comes to this type of stuff and neither do those who elected him president.
Look for the community agitator to further reek havoc as he heads out the door.
President Obama moved to solidify his environmental legacy Tuesday by withdrawing hundreds of millions of acres of federally owned land in the Arctic and Atlantic Ocean from new offshore oil and gas drilling.
Obama used a little-known law called the Outer Continental Shelf Lands Act to protect large portions of the Chukchi and Beaufort seas in the Arctic and a string of canyons in the Atlantic stretching from Massachusetts to Virginia. In addition to a five-year moratorium already in place in the Atlantic, removing the canyons from drilling puts much of the eastern seaboard off limits to oil exploration even if companies develop plans to operate around them.
The announcement by the White House late in the afternoon was coordinated with similar steps being taken by Canadian Prime Minister Justin Trudeau to shield large areas of that nation’s Arctic waters from drilling. Neither measure affects leases already held by oil and gas companies and drilling activity in state waters.
According to White House officials, their actions to make the areas off limits to future oil and gas exploration and drilling as indefinite. They further went on to say that the withdrawals under Section 12-A of the 1953 act used by presidents dating to Dwight Eisenhower cannot be undone by an incoming president. Sorry, I find that almost impossible to believe. I second Instapundit’s opinion in that it is hard to believe that one president’s signature is more important than another’s. To make such a comment that another president, namely Donald Trump, will not be able to undo Obama’s executive order sounds almost vindictive.
“There is a precedent of more than half a century of this authority being utilized by presidents of both parties,” a White House aide said. “There is no authority for subsequent presidents to un-withdraw. .?.?. I can’t speak to what a future Congress will do.”
ISN’T THIS RICH COMING FROM ONE OF THE BIGGEST LIARS OF THEM ALL …
This weekend on NBC’s Meet the Press, Hillary Clinton continued to go after self-proclaimed socialist and Democrat presidential candidate Bernie Sanders campaign for misrepresenting her record on fossil fuels and said she feels sorry for the young people who believe it. Clinton stated, “I feel sorry sometimes for the young people who, you know, believe this. They don’t do their own research. And I’m glad that we can now point to reliable independent analysis to say no, it’s just not true.” Like her or hate her, one thing is for certain, she’s got balls. Hillary Clinton is one of the least trusted individuals and has made a career out of self-serving lies but she has the CO-JONES to call some one else a liar. REALLY?
Because Hillary would never play both ends against the middle now would she?
Hillary Clinton continued ripping into the Bernie Sanders campaign this morning for misrepresenting her record on fossil fuels and said she feels sorry for the young people who believe it.
A few days ago, after being confronted by a Greenpeace activist about receiving donations from the fossil fuel industry, Clinton snapped and said, “I am so sick of the Sanders campaign lying about me!”
The Washington Post‘s fact-check concluded that Clinton and the Super PAC supporting her received money from lobbyists tied to that industry––the Super PAC received $3.25 million––but said that the claims from Team Sanders are “exaggerated” and awarded them 3 Pinocchios. On CNN this morning, Sanders defended the attacks and said it’s not “distorting reality” to point out that lobbyists for that industry are giving as much as they can to help his opponent and trying to bundle more.
When she was asked about rejecting the donations months ago, Clinton said she would not impose a “litmus test” on who can give her donations, saying people fully understand she’s “very adamant about moving us towards clean renewable energy.”
Daily Commentary – Wednesday, January 20, 2016 – The Price of Gas Has Fallen Along With the Cost of a Barrell of Oil
- In some areas of Michigan it’s been as low as 47 cents per gallon. That’s 1/2 of what it is in Canada and 1/6 of what it is in Southern California. There is a glut of oil on the market
Daily Commentary – Wednesday, January 20, 2016 Download
WOW, 47 CENTS A GALLON … WELL ACTUALLY 47.9 CENTS.
Gas prices hit an amazing low of 47 cents a gallon in as a price war broke out between three gas stations in in Houghton Lake, Michigan. I cannot even remember when gas prices were that low. You could imagine the reaction by Americans when they saw prices fall to such a low price. Could you imagine being able to fill your car up from with an empty tank for less than $9.00? Of course these low gas prices and cost for barrels of oil are having other adverse affects on our economy.
The price of gas hit a stunning low — just 47 cents per gallon — in Michigan on Sunday.
Michigan was the first state to have gas under $1 in likely over a decade, Patrick DeHaan, senior petroleum analyst at GasBuddy.com, told ABC News today.
A gas station in Houghton Lake, Michigan, hit the 47 cents mark after a price war between three stations in the town, DeHaan said.
GasBuddy.com’s data goes back to 2000 and DeHaan said he couldn’t find any other averages that low in the U.S.
“This is something we don’t see often at all or ever,” DeHann said. “That’s unheard of.”
DeHann said he believed the next lowest price in the country was about $1.29, at a station in Virginia.