Another component of the Rockefeller trust was a company called Humble Oil, which, years ago, had critics of Big Oil proposing to make Exxon Humble. It was that wisecrack in mind when I built this tank car.
Lionel two-dome tank car body, scratchbuilt frame, decals might be for a somewhat larger tank. There's a learning curve in model railroading, and in thirty years I've gotten more proficient.
Meanwhile, creative destruction comes for Humble, er, Exxon. "The once mighty Exxon suffered the corporate humiliation of being booted out of the highly influential Dow Jones Industrial Index."
One reason the major market indices have been doing so well despite the continued real and government-inflicted pandemic effects on economic activity is that the indices skew toward current favorites. Information technology companies and companies that make good use of information technologies have done well as people seek to do commerce at a safe distance, and those companies merit inclusion, but if there are only thirty industrials or a Standard and Poor 500, somebody has to go. Three companies got voted off the Dow island at the end of August. Exxon Mobil might have been the most visible. "Twenty one years ago, in 1999, when Exxon and Mobil merged, it not only created the world’s largest private oil company, but for many years, Exxon Mobil was the world’s largest publicly traded company." Yes, and prior to that, the Bell System held that honor.
I'm not sure, though, why a writer with a bent for environmental advocacy would view as a "humiliation" a development that might better be understood as what happens when improved energy technologies pass their market tests. Problem is, there's no Green New Dealer in charge.
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