Finally, after having told so many of you, the fat lady is singing. Chevron just announced it’s leaving California. Its HQ will be moved from San Ramon, CA to Houston, TX. Rejoice!
Read here: https://www.cnn.com/2024/08/02/business/chevron-moving-headquarters-houston/index.html
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This is like a lottery win for SR employees. They can find a fabulous Houston home for a tiny fraction of what they sell for in Danville. Then they can retire and save a fortune in state income tax.
Favorite California Memories
Paying way more for gas due to CARB regulations partly based on myth rather than science .
Reducing air pollution with MTBE
Spending $$$ to retrofitting Richmond refinery to reduce NOx - which they found out made the smog worse, Texas dodged that bullet and tackeled the real problen which was fugitive hydrocarbons.
Paying California State Income Taxes when I worked as an Expat.
Did anyone hear that man landed on the moon in 1969?
OP is a fast follower. Only 12 hours late on the news lol.
There’s 2,000 employees in San Ramon. At first a few of them including the CEO and most of the top brass will move to Houston, followed by many more over the next 5 years. Only the personnel needed to run the oil production fields and the two refineries will remain in California. But I bet what’s not being said at this time is that within 10 years, nothing will remain in California. There will be no oil and gas production and no refineries in that State. Go woke, go broke.