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Editors’ note: As we approach our fiftieth anniversary, in February 2023, we will, every week, highlight an important story from our past and offer some perspective on it. It was 1978 and Texas Monthly editor Bill Broyles wanted an article about Exxon. The oil and gas behemoth had not yet moved its corporate headquarters to Texas but was still one of the largest employers in the state, and for the previous few years, it had been either the most- or second-most profitable company in the country (second only to General Motors). Exxon was the ultimate Texas success story, and Broyles had a personal connection to it: He grew up in Baytown, which, with its giant refinery, was practically a company town. Broyles was also the son of an…
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