The magnetizability of a large number of hydrocarbons-saturated, unsat
urated, and aromatic-have been investigated by ab initio methods at th
e Hartree-Fock level. Gauge-origin independence and size extensivity a
re imposed by the use of London atomic orbitals (also known as gauge-i
nvariant atomic orbitals). Using a standard basis set adapted for magn
etizabilities, results close to the Hartree-Fock limit are obtained. C
orrelation has a moderate effect on the magnetizabilities. Using an ov
erall scaling factor for the Hartree-Fock results, we obtain magnetiza
bilities within the experimental error bars for most of the molecules
considered. The calculations suggest that the observed gas-phase magne
tizabilities contain a calibration error.