Category: discourage
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Chevron moving to Texas, says California policies discourage investment and hurt consumers
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Justin Sullivan/Getty Images News Chevron (NYSE: CVXThe company’s shares turned negative for the year after the company reported second-quarter earnings that fell 26% year-over-year to $4.43 billion, missing Wall Street expectations, largely blaming weaker refining margins and refinery maintenance at a time when margins were stronger. Chevron CEO Mike Wirth…