Chevron's Q4 2025 Earnings: What to Expect

Chevron hasn’t shut down California operations, but it has moved its corporate headquarters to Texas—ending more than a century of being based in the state. Refineries and jobs still remain for now, yet the shift highlights a bigger pattern: rising costs, tighter regulations, and major employers quietly relocating decision-making power elsewhere. It’s not a sudden exit, but it is a measurable change in where influence, taxes, and future investment are headed. | Pleasant Productions