AI智能总结
ABOUT OXFORD ECONOMICSOxford Economics was founded in 1981as a commercial venture with OxfordUniversity’s business college to provideeconomic forecasting and modeling to UKcompanies and financial institutions expandingabroad. Since then, we have become oneof the world’s foremost independent globaladvisory firms, providing reports, forecastsand analytical tools on more than 200countries, 100 industries, and 8,000 cities andregions. Our best-in-class global economic andindustry models and analytical tools give us anunparalleled ability to forecast external markettrends and assess their economic, social andbusiness impact.Headquartered in Oxford, England, withregional centers in New York, London,Frankfurt, and Singapore, Oxford Economicshas offices across the globe in Belfast,Boston, Cape Town, Chicago, Dubai, Dublin,Hong Kong, Los Angeles, Mexico City, Milan,Paris, Philadelphia, Stockholm, Sydney, Tokyo,and Toronto. We employ 700 staff, includingmore than 450 professional economists,industry experts, and business editors—oneof the largest teams of macroeconomistsand thought leadership specialists. Our globalteam is highly skilled in a full range of researchtechniques and thought leadership capabilitiesfrom econometric modeling, scenario framing,and economic impact analysis to marketsurveys, case studies, expert panels, andweb analytics.Photo credit: All photos in this report © Chevron. All rights reserved. Oxford Economics is a key adviser to corporate,financial and government decision-makers andthought leaders. Our worldwide client base nowcomprises over 2,500 international organizations,including leading multinational companies andfinancial institutions; key government bodiesand trade associations; and top universities,consultancies, and think tanks.MAY 2025All data shown in tables and charts are OxfordEconomics’ own data, except where otherwisestated and cited in footnotes, and are copyright© Oxford Economics Ltd.The modeling and results presented here arebased on information provided by third parties,upon which Oxford Economics has relied inproducing its report and forecasts in goodfaith. Any subsequent revision or update ofthose data will affect the assessments andprojections shown.To discuss the report further please contact:Alice Gambarinagambarin@oxfordeconomics.comValentyna Katsalapvkatsalap@oxfordeconomics.comOxford Economics5 Hanover Sq, 8th FloorNew York, NY 10004Tel: +1 646-786-1879 CONTENTSExecutive summary1.Introduction1.1Chevron’s Richmond facilities overview1.2West Contra Costa County overview2.Chevron’s economic impact in West Contra Costa County2.1Chevron’s economic impact on the West Contra Costa County economy2.2Chevron’s impact on jobs and wages3.Chevron’s social impact in West Contra Costa County3.1Chevron’s social investment3.2Causes supported by Chevron3.3Environmental and Community Investment Agreement4.Appendix: Methodology 36799111414151819 EXECUTIVE SUMMARY1California Energy Commission, October 2024.2Chevron Richmond,Community Report 2023.Founded in 1902, the Chevron Richmond Refinery is the largest refinery in theSan Francisco Bay Area in California.1It supplies approximately 60 percent of thejet fuel used by the Bay Area airports, 20 percent of the gasoline used to powervehicles in the region, and 100 percent of the lubricating oils on the West Coast.Chevron’s Richmond Technology Center, located on the same Richmond campus,is the birthplace of many innovations that have accelerated the quality, durability,and efficiency of the oil and fuel additive industries, including the development ofTechron, a patented fuel additive. Together, the Refinery and Technology Centerrepresent the bulk of Chevron’s operations in West Contra Costa County.This report, commissioned by Chevron, shows how the company’s Richmondoperations had a significant positive impact on the West Contra Costa Countyeconomy in 2022 in terms of value-added contributions, jobs, wages, andtax revenue.The total impact of Chevron’s Richmond facilities amounted to $1.1 billion in grossvalue-added (GVA) contribution to West Contra Costa County’s gross domesticproduct (GDP) and 3,830 jobs. This was equivalent to 5 percent of local GDP and3 percent of all jobs in West Contra Costa County in 2022.3,830 jobsSupported by Chevron’s Richmondfacilities in 2022, with2,570 workersemployed directlyby the company$1.1 billionChevron’s total GVA contributionin West Contra Costa County 2 Our key findings for 2022 include:Chevron’s Richmond facilities directly generated $920.2 million in GVA. Additionally,they supported $153.6 million in gross value-added contributions in other industries inthe region through the indirect and induced channels, with construction, real estate,and industrial equipment rental and leasing benefitting the most from the company’slocal operations.Chevron directly employed approximately 2,570 workers across the RichmondRefinery, Richmond Technology Center, and other business units embedded in theRefinery, s