This is another big black eye for the woeful northeast. It’s also the biggest no-brainer shareholder vote you will ever see. New Jersey is an anti-business and high-tax blue state that hates fossil fuels and brings sham climate change lawsuits against the company. Texas is a business-friendly red state with low taxes that embraces oil and gas.  For a business to keep its legal domicile in a state that hates their product would be an act of supreme malfeasance.

Over the next decade, Exxon shareholders and its workers will reap benefits in the billions of dollars by relocating.

Our only question is: what took so long for this Exxon Exit?