Chevron Relocates Headquarters to Texas After 145 Years in California
The move highlights ongoing tensions between the oil giant and California's stringent environmental policies.
- Chevron's departure marks the end of a 145-year history in California, where the company was founded.
- The relocation is framed as a strategic decision to be closer to industry resources in Texas.
- California officials attribute the move to the state's aggressive climate policies and regulatory environment.
- Texas Governor Greg Abbott welcomes Chevron, calling Texas its 'true home' for energy companies.
- The move is part of a broader trend of businesses leaving California due to high costs and regulatory challenges.