A report by Oxford Economics emphasizes the Chevron refinery's significant role in Richmond, California, where it supports over 3,800 jobs and generates an estimated one billion dollars in economic activity annually. Chevron is not only the largest employer but also the top taxpayer in the region. However, pressures related to environmental concerns and complex state policies present ongoing challenges for the company. Local leaders acknowledge Chevron's financial contributions, yet express concern over the potential negative effects on community perception and investment.
For every 10 jobs here at Chevron, five more are supported in west Contra Costa County. And all of that comes together and produces about a billion dollars in annualized economic activity in the region.
It's becoming more and more difficult to justify the types of large investments you need to continue this operation in our kind of business.
A huge amount of city revenue comes directly or indirectly from Chevron. And, frankly without that revenue, Richmond would be bankrupt.
There are people and companies that would not ever consider moving to Richmond because they’re concerned about environmental issues.
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