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Do
people move their companies out of San Francisco when the cost of doing
business here becomes too great? You bet your ass people do. Corporate,
ahem, citizen Chevron, a San Francisco institution whose history
here dates to 1879, announced in September, 2001 that it was moving its
headquarters to its Chevron Park campus and other facilities at Bishop
Ranch in San Ramon, California. Out of more than 3,500 Bay Area employees,
only 200 people will remain at Chevron's 575 Market Street location, seen
here. Chevron began in San Francisco as the Pacific Coast Oil Company.
In 1900 it was acquired by John D. Rockefeller's Standard Oil. The future
Chevron was one of 34 independent companies created after the U.S. Supreme
Court divided Standard Oil in anti-monopoly actions in 1911. A 1926 merger
with the Pacific Oil Company created the Standard Oil Company of California.
In 1984, the company acquired the Gulf Corporation and changed its name
to Chevron Corp.
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