Exxon Mobil Is Moving Out of Irving and Into Houston

Exxon Mobil announced this week that it's moving its headquarters to the Houston area -- which will make it the biggest Fortune 500 company located here. Why are Exxon's top executives leaving Irving, Texas? And what does it mean about the long-term prospects of Houston's oil companies? Today we dive into the reasons behind this move with contributor Loren Steffy.  Get all your Houston dirt right to your inbox, subscribe to our morning newsletter. We’re also on Twitter! Follow us at @CityCastHouston