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Richmond City Council decides whether to move forward with refinery tax measure [CBS News]

Chevron Corporation (CVX)  More Company Research Source: CBS News
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
The proposal calls for a business tax of $1.00 per barrel of oil refined in the city, which could add up to $60 million to $90 million per year in revenue. Residents are torn on whether such a tax is a good idea. Sandy Saeteurn has lived in Richmond most of her life and is now raising her family here. "My 10-year-old son at 14 months old was diagnosed with cancer, and so I know living here in Richmond the refineries are definitely impacting the health of the community," said Saeteurn. That's why she's gotten involved with the Asian Pacific Environmental Network Action committee, and now with the tax measure to collect one dollar from the refineries for each barrel of oil they process in the city. "This 'Polluters Pay Measure' is really important to them giving back to the community in all the ways we need them to and be a good neighbor and supporting the services like clean air and clean water," said Saeteurn. Oscar Garcia is a board member for the 23rd Street Merchant's [Read more]

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Stockreport

Richmond City Council decides whether to move forward with refinery tax measure [CBS News]

Chevron Corporation  (CVX) 
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
The proposal calls for a business tax of $1.00 per barrel of oil refined in the city, which could add up to $60 million to $90 million per year in revenue. Residents are torn on whether such a tax is a good idea. Sandy Saeteurn has lived in Richmond most of her life and is now raising her family here. "My 10-year-old son at 14 months old was diagnosed with cancer, and so I know living here in Richmond the refineries are definitely impacting the health of the community," said Saeteurn. That's why she's gotten involved with the Asian Pacific Environmental Network Action committee, and now with the tax measure to collect one dollar from the refineries for each barrel of oil they process in the city. "This 'Polluters Pay Measure' is really important to them giving back to the community in all the ways we need them to and be a good neighbor and supporting the services like clean air and clean water," said Saeteurn. Oscar Garcia is a board member for the 23rd Street Merchant's [Read more]

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