re: Chevron moving HQ out of CA

So now that the last Oil Company is leaving CA, state regulators are proposing to get into the oil business with state owned refineries.


You can't make this shite up.

California Regulators Propose Gov’t Takeover Of Oil Refineries To Stave Off Energy Crisis- Daily Caller

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“The deployment of ZEVs [zero-emission vehicles] and a robust mass transit system are critical for achieving the state’s climate goals, reducing local air pollution, and eventually eliminating dependence on the volatile global petroleum markets. As demand for gasoline shrinks, refineries may close or convert to processing clean transportation fuels,” the report states. “This will lead to fewer gasoline refineries, with increased market concentration and associated market problems that often accompany it.”

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“The State of California would purchase and own refineries in the State to manage the supply and price of gasoline,” wrote the study’s authors, with the scope of the initiative ranging from “one refinery to all refineries in the state.”

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Didn't know Chevron was headquartered there. Odd

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Chevron HQ has been in Richmond, CA for decades.

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Chevron is what used to be Standard Oil Company of California. Their HQ has been in California forever.

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they have 2k employees in San Ramon and 7k in Houston. Sounds like a no-brainer to move the rest out of a state that wants to put you out of business

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Chevron moving HQ out of CA

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I wonder where in the Houston area since that city is almost as bad as CA. Exxon moved from Dallas area to Spring TX not to long back.

TX is interesting right now. HOU area has consolidated as the oil hub, Austin area has done Tech, and Dallas area has started to become a large financial hub, especially with their stock exchange plans being announced. Texans better be careful importing so many lefties. They better get some kind of assimilation PSAs out on tvs and billboards.