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Tomlinson: Chevron's move to Texas won't boost Houston, not worth celebrating

5 23
06.08.2024

The 40-story 1500 Louisiana building is part of Chevron's downtown Houston campus.

A man was shot and seriously injured Friday night after an argument broke out at a south Houston gas station.

Yippee, another world-class polluter is moving its global headquarters to Houston, bringing a few hundred employees and a fossil fuel business plan unable to adapt to climate change.

Chevron’s relocation from San Ramon, Calif., is no surprise since most of the company has long resided in Greater Houston. CEO Mike Wirth chose low-regulation, zero-income-tax Texas to shore up profits.

Outside of bragging rights, the move will have almost no impact on the local economy except, perhaps, to make Houston and Texas more dependent on the oil and gas industry that has caused so much heartache.

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Yes, I know, I’m supposed to celebrate the arrival of the 10th biggest U.S. corporation, according to Fortune magazine. But another behemoth from a shrinking industry struggling to cope with the energy transition is not something we should encourage.

As I explained in a recent Tomlinson’s Take newsletter, Texas has a long history of attracting ne’er-do-wells who want to escape their pasts.

Last year, California’s Gov. Gavin Newsom and Attorney General Rob Bonta unveiled a plan to........

© Houston Chronicle


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