California Governor RESPONDS After Chevron Writes Off $2.5 BILLION In California Assets | Victoria

California Governor RESPONDS After Chevron Writes Off $2.5 BILLION In California Assets | Victoria Davis

California's Governor is facing economic catastrophe as Chevron writes off a staggering $2.5 billion in California assets—and this unprecedented financial loss exposes the devastating reality that one of the world's largest energy companies now considers its California operations worthless.

This video reveals how Chevron's massive asset write-down represents a corporate declaration that California has destroyed so much value through hostile policies that billions of dollars in refineries, facilities, and infrastructure are now financial liabilities rather than assets.

Discover how this $2.5 billion write-off signals Chevron's long-term strategy to completely abandon California operations and warns other energy companies that investing another dollar in the state is throwing money away, why this accounting move precedes the inevitable closure of California refineries and facilities that Chevron has now officially declared have no future value, and how this follows Chevron's headquarters relocation to Texas as the company systematically dismantles its century-long presence in the state that once welcomed the oil industry as an economic pillar.

We'll explore the immediate panic in Sacramento as legislators realize that Chevron's write-off means billions in lost tax revenue, property values, and economic activity are already gone from state balance sheets, the devastating message this sends to every energy company still operating in California—that even profitable facilities will eventually become worthless under the state's regulatory assault, and why Chevron's willingness to absorb a $2.5 billion loss proves that staying in California has become more expensive than walking away from billions in investments.

Learn how this write-off exposes the hidden costs of California's environmental extremism as companies conclude that political risk has made the state uninvestable, the domino effect as other corporations watch Chevron declare California assets worthless and recalculate their own exposure to a state determined to destroy entire industries, and why this $2.5 billion accounting bombshell represents the point where California's war on energy transitions from political rhetoric to economic suicide—forcing residents to face skyrocketing gas prices and energy dependence while the state deliberately eradicates the infrastructure that keeps the lights on and cars running.