When President Donald Trump said the American people would get tired of winning with him in the White House, he wasn’t kidding!
In a speech this afternoon Darren Woods, the new CEO of ExxonMobil set forth his vision of how America’s biggest oil company will invest over the next decade to capitalize on the miracle of the U.S. oil and gas boom. Speaking at the annual CERAWeek conference in Houston, Woods touted Exxon’s new $20 billion Growing the Gulf initiative. It’s their umbrella term for 11 major chemical, refining, lubricant and liquefied natural gas projects along the coasts of Texas and Louisiana. All told, these projects could create 35,000 construction jobs, and 12,000 full-time jobs, said Woods.
“Hydraulic fracturing has opened up a whole new energy future for the United States, and potential for many other countries,” said Woods. “An upstream technology breakthrough has led to a downstream manufacturing renaissance. It has created new manufacturing jobs, investment and exports.”
Here’s the statement from the White House:
WASHINGTON, D.C. — President Donald J. Trump today congratulated Exxon Mobil Corporation on its ambitious $20 billion investment program that is creating more than 45,000 construction and manufacturing jobs in the United States Gulf Coast region.
President Trump made a promise to bring back jobs to America. The spirit of optimism sweeping the country is already boosting job growth, and it is only the beginning.
“This is exactly the kind of investment, economic development and job creation that will help put Americans back to work,” the President said. “Many of the products that will be manufactured here in the United States by American workers will be exported to other countries, improving our balance of trade. This is a true American success story. In addition, the jobs created are paying on average $100,000 per year.”
America is coming back – thanks to Trump!
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