The original content of Democracy Now! Headlines appears under the Creative Commons BY-NC-ND 3.0 License (United States). For more, including their other shows and media, visit www.democracynow.org. June 16, 2010 Exxon CEO: Oil Companies "Not Well Equipped" to Handle Disasters ---------------------------------------------------------------- In other testimony, Exxon CEO Rex Tillerson admitted that major oil companies are unprepared to deal with environmental disasters at their drilling sites. Tillerson was questioned by Democratic Congress member Bart Stupak of Michigan. Rex Tillerson: "When these things happen, we are not well equipped to deal with them." Rep. Bart Stupak: "So when these happen, these worst case scenarios, we can’t handle them. Correct?" Rex Tillerson: "We are not well equipped to handle them. There will be impacts, as we are seeing. And we’ve never represented anything different than that. That’s why the emphasis is always on preventing these things from occurring, because when they happen, we’re not very well equipped to deal with them." .