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Valero Energy Corporation Message Board

  • oldguy232 oldguy232 Feb 12, 2013 2:15 PM Flag

    Valero and $5 million

    Will be interesting to see what they (Valero) does.

    By Harvey Rice
    Houston Chronicle

    GALVESTON – The Texas City school district is among four taxpayer-funded entities in Galveston County that will have to repay Valero almost $5 million after a jury agreed that the oil company’s Texas City refinery was overvalued on the tax rolls.

    Texas City, Galveston County and the College of the Mainland will also have to pay back the giant San Antonio-based refiner. The Texas City school district has to pay $2.45 million, the largest share.

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