I get where this is coming from, but I really feel like everyone has over-corrected on this and ended up being wrong again in the opposite direction. Exercise burns a significant number of calories. An hour run can easily burn 700 calories for someone my size (~70kg). Running an hour a day 6 days a week burns more than one pound of fat a week. I run less than that amount and my phone estimates I burned 15,000 calories last month from running. That's not a get-slim-quick magic pill, but that's really significant!
Exercising for 20 minutes once or twice a week is pretty negligible and people over-correct by eating more. But a consistent, easily-doable exercise habit is a huge source of additional "calories out".