OpinionViewpoints

The Fall of Mighty Exxon

Save
The Fall of Mighty Exxon
The logo of ExxonMobil during the World Gas Conference exhibition in Paris, on June 2, 2015. Eric Piermont/AFP via Getty Images
Mark Hendrickson
Updated:
Commentary

A noteworthy milestone in U.S. corporate history happened on Aug. 31: ExxonMobil Corp. was dropped from the Dow Jones Industrial Average (“the Dow”), comprising 30 of the largest, most economically important American corporations.

Mark Hendrickson
Mark Hendrickson
contributor
Mark Hendrickson is an economist who retired from the faculty of Grove City College in Pennsylvania, where he remains fellow for economic and social policy at the Institute for Faith and Freedom. He is the author of several books on topics as varied as American economic history, anonymous characters in the Bible, the wealth inequality issue, and climate change, among others.
Related Topics