press release

Chevron Press Release - Chevron Donates $125,000 To Red Cross; Selects Fueling Site

LOS ANGELES, Jan. 21, 1994 -- Chevron Corporation will donate $125,000 to the American Red Cross to help victims of Monday's severe earthquake in Southern California. In addition, a Chevron dealer location near the Red Cross staging area in Van Nuys has been selected as a fueling site for Red Cross emergency vehicles.

"We want to do what we can to help alleviate some of the tremendous need that is so apparent," said Wally Fassler, Chevron's Southern California vice president.

Fassler said that the company also will financially help about 40 of Chevron's 3,200 Southern California-based employees who reported varying degrees of home damage, including 12 who suffered severe damage.

"Fortunately, all of our employees in Southern California are safe and uninjured," he said. "But the disruption to their lives and families is tremendous."

Chevron announced yesterday that, as is the company's usual practice, credit card customers in the affected areas will have a 30-day grace period to pay their statements.

Chevron's operations in the Los Angeles Basin include a refinery in El Segundo and about 490 gasoline service stations, in addition to numerous pipelines and product terminals.

Immediately after the earthquake, special teams were assembled to evaluate company operations to ensure the integrity and safe operation of the entire system.

Within seven minutes of Monday's temblor, Chevron Pipe Line Company shut down -- solely as a precaution -- its entire network of pipelines serving Southern California. By Wednesday morning, all pipelines had been inspected and placed back in service with the exception of one line serving a terminal in Van Nuys. The company is rerouting products to other Chevron terminals to ensure that supplies remain available.

The company's El Segundo refinery, which was briefly affected by the earthquake, also was evaluated by a special team and resumed safe operation quickly. Refined products had been stored until the pipeline system was placed back in service Wednesday morning. The refinery is currently operating normally.

More than 100 Chevron retail stations in a 20-mile radius of the quake's epicenter were evaluated and all but 4 are operational. In addition, drivers were making gasoline deliveries to many service stations in the Los Angeles Basin as early as Monday afternoon.

"We were extremely fortunate operationally and would like to allay any fears that customers may have about the supply of gasoline," Fassler said.

Updated: January 1994