Oil And Gas Giant To Move Legal Headquarters To Red State

By Danielle 

ExxonMobil, one of the world’s largest gas and oil corporations, announced on Tuesday that it intends to move its legal headquarters from New Jersey to Texas.

“Over the past several years, Texas has made a noticeable effort to embrace the business community. In doing so, it has created a policy and regulatory environment that can allow the company to maximize shareholder value,” said Darren Woods, ExxonMobil chairman and chief executive officer.

“Aligning our legal home with our operating home, in a state that understands our business and has a stake in the company’s success, is important,” Woods added…

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