Less than an hour later, Trump applauded the oil giant with effusive tweets and a White House press release remarkably similar to Exxon's own. He also claimed credit for the announcement in a video released on social media.
"This is something that was done to a large extent because of our policies and the policies of this new administration," Trump said in the video. "I said we're bringing back jobs. This is one big example of it."
But the investment isn't new. At least some of the spending on that $20 billion investment began in 2013, Exxon's press release reveals, and is expected to continue through 2022. One project the company touted has already been completed. Still, Exxon's new CEO specifically praised Trump's administration.
This isn't the first time Trump has claimed credit for job creation and corporate spending that was initiated sometimes years before his presidential run — or that a company has repackaged old news to seem fresh.
"Since my election, Ford, Fiat-Chrysler, General Motors, Sprint, Softbank, Lockheed, Intel, Walmart and many others, have announced that they will invest billions of dollars in the United States and will create tens of thousands of new American jobs," Trump said during his joint address to Congress.
Here, we fact check the various announcements Trump has sought to take credit for.