Redline oil moves operations to Texas & Tennessee

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With the way CA limits flares & other operations, it wouldn’t surprise me in the slightest if refinery operations are significantly cheaper in TX & TN than in CA.

CA has also placed a ban on interstate oil pipelines & hasn’t granted a water permit for steam injection on the wells in years. This greatly hampers local production of crude. CA is purchasing oil from Ecuador & the Middle East mainly now.

Just thinking of the property tax savings leaving the east Bay Area to TN will be enormous.

If there’s a pipeline infrastructure in place & a less restrictive state government, I don’t think it would take a whole lot to leave CA & greatly increase profits while keeping the same product. Will that happen? Don’t know.
 
Thanks for the clarification. I’d say I disagree with you that they are “trying to penny pinch on production” when they are in fact leaving the failed state of California(high operational costs/restrictions) . Again, a lot of assumptions. None of use have heard the facts/motivations, so it’s in fact impossible to know.
California is 4th largest economy globally, but sure, tell us more.
 
With the way CA limits flares & other operations, it wouldn’t surprise me in the slightest if refinery operations are significantly cheaper in TX & TN than in CA.

CA has also placed a ban on interstate oil pipelines & hasn’t granted a water permit for steam injection on the wells in years. This greatly hampers local production of crude. CA is purchasing oil from Ecuador & the Middle East mainly now.

Just thinking of the property tax savings leaving the east Bay Area to TN will be enormous.

If there’s a pipeline infrastructure in place & a less restrictive state government, I don’t think it would take a whole lot to leave CA & greatly increase profits while keeping the same product. Will that happen? Don’t know.
On production, maybe, on R&D, it is much harder to recruit and retain in TN than CA.
 
On production, maybe, on R&D, it is much harder to recruit and retain in TN than CA.
That might very well be true. Not sure though. In my industry, bulk electric system, we’re losing people to several other states regularly as states like Idaho, Montana & Florida have bridged the income gap. Other states like Texas & Tennessee are still a bit behind but close enough to make living there far easier than in CA.

That said, oil & gas industry is generally a bit behind the electric utilities for income so not sure how well they match up.
 
People not following the move means that most likely they are not glad the company had to move.
Red Line for years was seen as a local pride thing with the race crowd and enthusiasts in the Bay Area. Even to the point where kids slapped Red Line Oil stickers on their BMX bikes. In their old hometown of Martinez and Benicia, CA, there was even a Red Line Oil banner at the local Little League.
 
That might very well be true. Not sure though. In my industry, bulk electric system, we’re losing people to several other states regularly as states like Idaho, Montana & Florida have bridged the income gap. Other states like Texas & Tennessee are still a bit behind but close enough to make living there far easier than in CA.

That said, oil & gas industry is generally a bit behind the electric utilities for income so not sure how well they match up.
It depends on the industry; we have an absolute invasion from there.
Many people don;t have an option. R&D folks at Redline, probably do.
 
Just confirmed Redline Oil, which was based in Benicia California since 1996 has ceased operations there, and moved it to Tennessee. Their website lists Texas for headquarters so must be a Phillips 66 facility and blending/packaging In Tennessee. Kinda glad to see they moved out of Cali, but sad to see Dave retired.
Wow. 1995. It ALL began for me a decade before that when Red Line Oil was across the strait in Martinez, CA.

Red Line High Performance 20W50. Man that stuff was thick. :LOL:

It was a pleasure to have met you RL Dave.
 
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Red Line for years was seen as a local pride thing with the race crowd and enthusiasts in the Bay Area. Even to the point where kids slapped Red Line Oil stickers on their BMX bikes. In their old hometown of Martinez and Benicia, CA, there was even a Red Line Oil banner at the local Little League.
:cool: 👍
 
California is 4th largest economy globally, but sure, tell us more.
I will tell you more. California is very expensive to run any sort of business. Taxes are higher, regulation is higher. Why do you think TESLA, Oracle and HP Enterprise, and others have fled??! Being the 4th largest economy hasn’t done much for the above companies which are LARGE, vs little old RedLine Oil…..

Please google “why have over 352 companies left California in the past 3 years”….
 
I will tell you more. California is very expensive to run any sort of business. Taxes are higher, regulation is higher. Why do you think TESLA, Oracle and HP Enterprise, and others have fled??! Being the 4th largest economy hasn’t done much for the above companies which are LARGE, vs little old RedLine Oil…..

Please google “why have over 352 companies left California in the past 3 years”….
Chevron is making the move to Houston - but not attempting it overnight … ChevronPhillips (think PAO etc) to the Woodlands …
 
Chevron is making the move to Houston - but not attempting it overnight … ChevronPhillips (think PAO etc) to the Woodlands …
Wells Fargo is making similar moves, though bulk of their staff is in Manhattan, Charlotte(via Wachovia) and Sioux City their legal domicile is in San Francisco. They’re moving people to Dallas.
 
I will tell you more. California is very expensive to run any sort of business. Taxes are higher, regulation is higher. Why do you think TESLA, Oracle and HP Enterprise, and others have fled??! Being the 4th largest economy hasn’t done much for the above companies which are LARGE, vs little old RedLine Oil…..

Please google “why have over 352 companies left California in the past 3 years”….
Companies move from state to state. Their choice.
 
I will tell you more. California is very expensive to run any sort of business. Taxes are higher, regulation is higher. Why do you think TESLA, Oracle and HP Enterprise, and others have fled??! Being the 4th largest economy hasn’t done much for the above companies which are LARGE, vs little old RedLine Oil…..

Please google “why have over 352 companies left California in the past 3 years”….
Californias wealth also comes from agriculture, most city folk hate ag and think ag steals their water .
 
Companies move from state to state. Their choice.
Yeah they do, and in fact many more are leaving Cali than most, due to the higher wages, more regulation, cost of living for employees. This isnt an opinion, it's reflected in numbers.
 
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