Chevron Is Moving Headquarters From California to Texas

Published 2024-08-02
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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All Comments (21)
  • @user-vj2pp1oy1x
    Don't worry about it Governor Newsom has it all under control
  • @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.
  • @Contractor48
    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.
  • @cato451
    Well, it’s about time they move corporate. I’ve been begging him for years —decades to do this save the shareholder money.
  • @TomPauls007
    Great timing - Richmond voting for a company-specific tax slam. This is sooo great! Who's laughing last??!
  • @quartytypo
    The only business that will be left in California is government.
  • @A.C.00
    Perfect move and cover up. As Texas is the headquarters for the American oil industry. In my opinion. 😉
  • This is going to create an impressive tax hit. Well, we better tighten our belts because we gotta keep those welfare checks flowing.
  • @miket8909
    Any report of how much were losing in taxes? Journalism.....😂
  • @robertdoyle240
    I will go out of my way now to buy gas from chevron. Good move moving to Texas so am I from Massachusetts
  • @georgesealy4706
    And on it goes. Drip, drip, drip, companies are moving out.
  • Lone Star pulling in its horns ? Everyone ( Musk, Caterpillar, Etc ) circling the wagons ? But who is the calvary ?