Chevron Is Moving Headquarters From California to Texas

Chevron says it will move its headquarters from California to Texas. The energy giant will now be set up in Houston. CEO Mike Wirth says it's the "energy capital of the world" and the epicenter of their industry. He speaks to Bloomberg's Alix Steel.
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[JEFFREYFinger-jn]

Don't worry about it Governor Newsom has it all under control

[WoodsyWoodson]

Extremely high taxes and crime. Period

[mrcpaddler]

People who work at Chevron headquarters in San Ramon, CA will tell you that they want to move to a safer area - that being out of state. Although San Ramon and other nearby cities along the I-680 corridor have been historically safe (and beautiful) neighborhoods with good schools, crime has gotten out of control. From car burglaries to home invasions to smash-n-grabs at local shopping places, the criminals from Oakland, Hayward, and Richmond have been branching out over the past 10 years. It is unsafe to work and live in the San Francisco Bay Area.

[georgesealy]

And on it goes. Drip, drip, drip, companies are moving out.

[TraciBradley-ik]

Texas starting the Texas Stock Exchange is the reason too.

[quartytypo]

The only business that will be left in California is government.

[chefarm]

Why the heck is NOBODY held accountable in California !!

[robertdoyle]

I will go out of my way now to buy gas from chevron. Good move moving to Texas so am I from Massachusetts

[cato]

Well, it’s about time they move corporate. I’ve been begging him for years —decades to do this save the shareholder money.

[BrokeBillionare]

The real state and cost of living is gonna go up like crazy. It was already getting expensive. Good for people who own real estate.

[XY_Dude]

Great timing - Richmond voting for a company-specific tax slam. This is sooo great! Who's laughing last??!

[robertpaulson]

This is going to create an impressive tax hit.
Well, we better tighten our belts because we gotta keep those welfare checks flowing.

[johnrozs]

Chevron can't even tell the truth why they're leaving California 😮

[COOGlife]

California is losing everyone with money.

[AbbyEllie]

Gavin Newsum is not done destroying the state. Unbelievable what this guy has done to the most beautiful state. FGN

[A.C.]

Perfect move and cover up. As Texas is the headquarters for the American oil industry. In my opinion. 😉

[rickintexas]

I’m surprised this hasn’t happened sooner. But please leave the California politics in California. Houston is definitely liberal, but Texas is conservative.

[miket]

Any report of how much were losing in taxes?

[USABeauboy]

Housing prices will plummet. Job loss. Crime increases. Fire Newsom, California, before its too late. Venezuela style living is a tragedy!

[eznet]

Must be nice to be Texas right now!! How the heck did California loose so much this year!!? ... 🤯 mind blowing!!! 😡🤬!! Damaging in long run!!