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Business

Exxon CEO Rex Tillerson on Fracking Natural Gas

By Jason Heid |

The CEO of oil giant Exxon Mobil  told a House subcommittee today that fracking (hydraulic fracturing) is necessary to help America capture as much natural gas as we can from the ground. Rex Tillerson cares about the issue because of his company’s merger with XTO Energy.

Opponents have some concerns about the practice, which involves pumping chemicals into the ground to aid the extraction of natural gas.