Judge Finds Exxon Not Guilty in Fraud Case – NY AG Humiliated

As it turns out, Exxon didn’t know. You may recall the hue and cry from radical anti-fossil fuelers that #ExxonKnew–knew they were toasting mom earth by extracting and encouraging the burning of oil and natural gas. The New Attorney General’s office launched an investigation, and then a lawsuit, charging the same thing. The NY AG claimed Exxon had defrauded shareholders by covering up knowledge of global warming. The first lawsuit to go to trial against Exxon for causing global warming was in NY, where the AG (Letitia “Tish” James) headed up a disaster of a lawsuit. She (and her office) was thoroughly and completely humiliated by a NY judge who said she never proved anything. Her team’s performance was worse than that of a first-year law student.
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ExxonMobil Considers Philadelphia Area for Ethane Cracker Plant

MDN previously reported on the rumor that ExxonMobil is sniffing around southwestern Pennsylvania looking for a site to build a multi-billion dollar ethane cracker plant (see Exxon Mobil Sniffing Around SWPA to Build Second Cracker Plant). We then told you Exxon is not only looking in Beaver County (where Shell is building it’s cracker) but also in nearby Washington and Greene counties too (see Exxon Widens Search to Build SWPA Cracker Plant to Other Counties). But what’s this? We now read about another rumor–that Exxon is also considering southeast PA, the Philadelphia area!
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NY AG’s Prosecution of ExxonMobil Falls Apart – Case Dismissed?

New York’s Attorney General has viciously gone after ExxonMobil in state court hoping to prove the company knew, for years, that burning its oil and gas would lead to so-called man-made global warming and eventually kill the planet. And, says the AG, Exxon covered it up from investors because someday their stock will be worthless when everyone finds out, and they don’t want investors to know about it just yet. The AG is trying to prove the company has engaged in securities fraud–and that case is collapsing, near to having all charges dismissed.
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Exxon Widens Search to Build SWPA Cracker Plant to Other Counties

Pittsburgh Business Times ace reporter Paul Gough has done it again–breaking big news related to ExxonMobil and their very active search to locate a site in the Pittsburgh region to build a gigantic ethane cracker plant. This time Paul’s sources are telling him Exxon has widened their search. A few weeks ago we told you Exxon was looking for potential locations in Beaver County, PA, near where Shell is building their $8 billion cracker plant (see Exxon Mobil Sniffing Around SWPA to Build Second Cracker Plant). Paul learned the search has widened to at least two other southwest PA counties.
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NY AG Case Against Exxon “Knowing” About Global Warming Collapsing

New York’s Attorney General has viciously gone after ExxonMobil in state court hoping to prove the company knew, for years, that burning its oil and gas would lead to so-called man-made global warming and eventually kill the planet. And, says the vicious AG, Exxon covered it up from investors because someday their stock will be worthless when everyone finds out, and they don’t want investors to know about it just yet. The AG is trying to prove the company has engaged in securities fraud.
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Exxon Mobil Sniffing Around SWPA to Build Second Cracker Plant

Leave it to ace reporter Paul Gough from the Pittsburgh Business Times to unearth some earth-shattering news–that ExxonMobil is actively looking at locations in Beaver County, Pennsylvania to potentially build a second multi-billion dollar cracker plant. Shell is already well along in building the region’s first ethane cracker–in Monaca (Beaver County). Will lightning strike twice for the good citizens of Beaver County? Maybe!
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Top Energy CEOs Skate on Thin Ice by Turning Against Shareholders

If Jeff Bezos (Amazon CEO) and Tim Cook (Apple CEO) jump off a cliff, should you, as CEO of an energy company, jump off too? The CEOs of ExxonMobil, Chevron, Marathon Petroleum and several other big oil and gas companies have just answered that question in the affirmative. Splat. Perhaps they were caught up in the euphoria of the moment. Perhaps they were shamed. (A new disorder for the DSM V: “CEO shaming.”) For whatever reason, a group of CEOs from some of the largest U.S. companies now say the people who buy their company’s stock and fund them via infusions of investment capital are no longer the #1 priority for their companies. We wonder what investors in those companies think. Have they had a change of heart? “Here, take my money and pee it away with no returns. Please! I don’t need this money any more.” Hey Jeff and Tim, we have a bridge in Brooklyn we’d like to sell ya…
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M-U Companies Dominate Top 10 NatGas Producers in 2019

Quick: Which company which recently had a board and upper management shakeup and focuses exclusively on Marcellus/Utica drilling is the #1 natural gas producer in the United States? That’s right, EQT. In a list of the top 40 natgas producers in the U.S. (full list below), it’s striking to note that eight of the top 10 are focused exclusively or primarily on the M-U.
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ExxonMobil “Investing” $100M in Gov’t Research to Lower Emissions

ExxonMobil recently signed an agreement with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and National Energy Technology Laboratory (NETL) to help fund both operations to the tune of $100 million over the next 10 years, looking to bring biofuels and carbon capture and storage to commercial scale across the transportation, power generation and industrial sectors. That is, to bring to market new tech that lowers carbon dioxide emissions. All in the name of stopping non-existent, man-made global warming.
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Exxon Building New Gulf Coast LNG Export Plant, M-U to Feed

Last week ExxonMobil and Qatar Petroleum announced a final investment decision (FID) to build Golden Pass LNG terminal, on the Texas side of the Sabine-Neches Waterway. That’s a stone’s throw from Cheneire Energy’s Sabine Pass LNG terminal on the Louisiana side of the waterway. Marcellus/Utica gas flows to the Cheniere facility. Will it also flow to Exxon’s when it’s built?
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Exxon Fights Back, Countersues AGs & Big Green Attorneys

It’s about time! The gloves need to come off and our side (pro-fossil fuel) needs to aggressively launch lawsuits against the lawyers and groups who continue to launch a barrage of frivolous lawsuits against us, trying to shut down all fossil fuel companies (but not before they empty fossil fuel company coffers). Exxon is fighting back. The gloves are off. It’s time to talk about Fight Club–out in the open. We have, from time to time, chronicled the lawsuits launched by New York State’s out-of-control Attorney General, Eric Schneiderman. Schneiderman, Massachusetts AG Maura Healey and other lefty Dems formed an unethical secrecy pact in their campaign to shake down Exxon Mobil by claiming the company “knew” man-made global warming exists and that burning the nasty fossil fuels the company produces contributes to it (see Smoking Gun: AGs Signed Pact to Keep Exxon Documents Secret). It doesn’t matter that man-made global warming is an unproven theory–not even real science. Schneiderman and his cabal of legal jackals tried to gang up on the Exxon Mobil water buffalo–except this time the water buffalo prey is healthy and is fighting back, by launching lawsuits against Schneiderman and others whom he is colluding with. It’s time to take down the jackals…
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Former NY AG Accuses Current AG of Corruption re Exxon Witch Hunt

It seems like forever we’ve been telling MDN readers that the Attorney General in the State of New York, Eric Schneiderman, is corrupt. We’ve written dozens of stories about Schneiderman (see them here). Schneiderman has targeted shale companies, pipeline companies, and his biggest gambit to date: ExxonMobil. Schniederman, in collusion with Big Green groups and several other far-left Democrat AGs, launched an investigation into Exxon last year, claiming Exxon “knew” that mythical man-made global warming is real and that their products (oil and gas) contribute to said global warming and that they (Exxon) have hidden their “research” from investors for years. Schneiderman has changed his story several times about why he launched the investigation–and what he’s looking for. He has demanded all sorts of internal documents from Exxon. In return, Exxon has demanded emails and documents from Schneiderman–to expose his collusion with Big Green. Schneiderman has refused such court orders. The man is an out-of-control menace. But it’s one thing for MDN to say it. “There goes Jim again, harping on an issue like Schneiderman, you know how Jim tends to exaggerate.” So if you don’t believe us when we say Schneiderman is corrupt, perhaps you’ll believe a former Attorney General of New York, Dennis Vacco, when he says Schneiderman is corrupt…
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ExxonKnew Radicals Suffer Major Federal Court Defeat in Mass.

Last week MDN told you that New York’s highest court, the Court of Appeals, had just ruled that the New York State Attorney General, Eric Schneiderman, has the right to demand documents in a court case that accuses Exxon of hiding internal research that shows burning oil and gas leads to catastrophic, man-made global warming (see NY Court Tells Exxon to Turn Over Records to Corrupt AG). This part of the coordinated, colluding effort by Big Green groups to try and shake down Exxon for billions, to “take down one of the biggest” fossil fuel companies, hoping others would fold like a deck of cheap cards, part of the #ExxonKnew campain. Since we brought you that bad news, it’s only fair to bring you the good news too. Not long after the corrupted high court in NY delivered that verdict, a federal judge in Boston dealt a major blow to environmental activist groups suing Exxon as part of the #ExxonKnew campaign. In Boston, a judge ruled the Conservation Law Foundation (CLF) suing Exxon had unnecessarily injected global warming flummery into its lawsuit–and the CFL was ordered to refile their lawsuit without it–essentially gutting their effort to sue Exxon. It was a stand-up-and-cheer moment…
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NY Court Tells Exxon to Turn Over Records to Corrupt AG

Bruce Plante Cartoon

New York’s highest court, the Court of Appeals, has just ruled that the New York State Attorney General, Eric Schneiderman, has the right to demand documents in a court case that accuses Exxon of hiding internal research that shows burning oil and gas leads to catastrophic, man-made global warming. Schiederman has been on a witch hunt for more than year. Schneiderman himself is accused of secretly (illegally) colluding with Big Green groups in targeting Exxon. Schneiderman has been subpoenaed and told to turn over emails and other records, and he has refused to do so (see NY AG, Others Served Congressional Subpoena re Exxon Witch Hunt). Yet Schneiderman demands Exxon turn over records for his fishing expedition. The man is a menace–and a putz. Unfortunately New York’s high court appears to be corrupt too–witness their decision to uphold local frack bans (see Shale Drilling in NY is Over – High Court Upholds Town Bans). Now the high court says Exxon must comply (like a Borg drone) with Schneiderman’s request. Our advice to Exxon: Pull a Hillary and say the emails got deleted from a private server. Hey, it worked for her!…
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NY AG Schneiderman Takes Russian Oil Money, Attacks US Shale

NY AG Schneiderman

If this doesn’t beat all. New York State Attorney General Eric Schneiderman has, for years, been at the center of a conspiracy to shake down Exxon Mobil by claiming the company “knew” that burning its fossil fuels would lead to man-made global warming, and that Exxon actively worked to suppress that knowledge in the public sphere. Earlier this year Schneiderman refused (still refuses) to turn over emails that show he has been colluding with Big Green groups and those who fund them in a conspiracy against Exxon (see NY’s AG Schneiderman Sowing the Seeds of His Own Destruction). It’s now time to remove Schneiderman from office. Evidence has come out that Schneiderman has accepted more than $60,000 from a Ukranian billionaire with ties to Russia’s big oil companies. That is, Scheiderman has taken campaign money (bribes?) from Russian oil–and turned around and attacked American oil and gas. Schneiderman is fully behind New York’s ban on fracking. He’s also in there fighting against natural gas pipelines. Scheiderman has also received a whopping $251,000 from liberal billionaire Communist George Soros (and the Soros family). Soros is another Exxon enemy. So how does that work Mr. Schneiderman? You take money from Russian Big Oil and Communists, only to turn around and attack America’s shale industry? Really? It’s corrupt, and Schneiderman needs to go, NOW…
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