Trump takes credit for Exxon jobs; projects launched before election

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http://www.houstonchronicle.com/business/energy/article/Trump-takes-credit-for-Exxon-jobs-projects-10981685.php

>Majority of projects were launched while Obama was in office

>Exxon Mobil Chief Executive Darren Woods on Monday highlighted the company's ongoing plans to spend $20 billion and create thousands of jobs along the Gulf Coast, for which President Donald Trump quickly took credit, claiming via Twitter, "We are already winning again, America!"

>Nearly all the projects, however, were underway or announced before the election, including one that was completed more than a year ago. Still, in a video posted on the White House website Monday evening, Trump said, "This is something that was done to a large extent because of our policies and the policies of this new administration having to do with regulation and so many other things."

>Woods detailed the Gulf Coast investments at the annual energy conference CERAWeek. Analysts said Exxon's promotion of its Gulf Coast projects appeared aimed at gaining the president's favor.

>"At the risk of stating the obvious, plenty of companies, across various industries, have been touting their U.S. job creation efforts in order to get on the Trump administration's good side - even when the underlying job creation has little or nothing to do with Washington policy," said Raymond James energy analyst Pavel Molchanov. "This is simply the latest example of that."

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https://twitter.com/realDonaldTrump/status/838862312685637640

>45,000 construction & manufacturing jobs in the U.S. Gulf Coast region. $20 billion investment. We are already winning again, America!