As seen in The Daily Caller
_________
A major American energy company is leaving California for Texas after enduring years of “adversarial” state policies.
Chevron, one of the largest oil companies in the U.S., announced Friday that it is moving its corporate headquarters out of California and will relocate the center of its operations to Houston, Texas. The company’s decision to leave California follows years of aggressive environmental policymaking from California Democrats that hurt Chevron’s business.
[…]
“For well over two decades now, politicians like Governor Newsom have hammered California’s conventional energy producers, both large and small, with excessive taxes, regulations, and threats of profit taking,” Tom Pyle, president of the Institute for Energy Research, told the DCNF in January. “Many companies have already moved out of the state, along with hundreds of thousands of residents as a result of these and other harmful policies … like a cap on profit margins, that hurt consumers by making conventional energy investments uneconomic. These types of policies have outsourced jobs to other states and increased California’s reliance on oil and electricity imports — all with little or no environmental benefit.”
_________
Read the full article here, at The Daily Caller
