Gotta wonder how great the Woodlands relocation is looking right now.
... So why put another part of its business vulnerable to floodings . Houston area flooding is more common by storms than a downtown Fort Worth tornado. If Exxon ever wanted to leave the HQ in Plano. I highly doubt they would move to Houston.
Even though the XTO relocation was difficult for Fort Worth to accept, it is understandable from a business point of view that Exxon would want to consolidate its business in one locale. A large concentration of refineries, petro chemical businesses, the ship channel makes Houston the ideal place for energy companies.
This consolidation works across industries. It is why I never believed that American Airlines would relocate to Downtown Dallas or other even Downtown Fort Worth when its key airport is DFW, its training and maintenance is concentrated in DFW; and flight center is at DFW; or that the Motion Picture Studios choosing to be concentrated in Hollywood.
What does not make sense is Exxon's administrative arm remaining in Irving and being a great distance away from its operational support and infrastructure..