Chevron Moving HQ's out of California

[DogBoyRy]

Lots of high-end real estate coming available in the Bay Area for you CA fans.
Just sayin.

 

[cfbfan23]

The move makes sense to me. Houston (the epicenter of the energy business) is an obvious choice for an oil & gas company. There will be savings with this move. California is an expensive place to do business.

 

[DogBoyRy]

The move makes sense to me. Houston (the epicenter of the energy business) is an obvious choice for an oil & gas company. There will be savings with this move. California is an expensive place to do business.

Yep.
I think it's also a FU due to the Bullshit they are fighting in El Segundo and getting zero help from CA..
For those of you unaware the El Segundo case is a great example of bad gov't environmental policy...

 

[Dr. Phil Seuss]

Obvious move. They sold the old HQ campus and vacated it last year. I think their new Nor Cal office was built for like 1/5 or 1/6 the capacity. They slowly moved people to Houston over the years.

 

[DogBoyRy]

Obvious move. They sold the old HQ campus and vacated it last year. I think their new Nor Cal office was built for like 1/5 or 1/6 the capacity. They slowly moved people to Houston over the years.

Standard oil of Cal now headed to TX.

 

[DogBoyRy]

Obvious move. They sold the old HQ campus and vacated it last year. I think their new Nor Cal office was built for like 1/5 or 1/6 the capacity. They slowly moved people to Houston over the years.

Just talked to a buddy who lives across the street from Wirth (CEO of Chevron). Said the Chevron execs moving to TX just won the lottery from a pension and tax deal.

 

[cohawk]

Just talked to a buddy who lives across the street from Wirth (CEO of Chevron). Said the Chevron execs moving to TX just won the lottery from a pension and tax deal.

Where do you live? It's not California is it?

 

[DogBoyRy]

Where do you live? It's not California is it?

Fla.
Old friend lives across the street from Wirth in CA.