Air Quality Chief Sees Valero Reversal as Vindication of Climate Law →

This post is updated with a response from Valero, below.

California’s top air regulator has found a victory of sorts in this week’s decision by the nation’s largest oil refiner to keep its California refineries.

A spokesman for Texas-based Valero Energy Corp. told the Wall Street Journal that it has reconsidered its plan to sell its two California refineries. The larger of the two is in Benicia, on the northeast fringe of the Bay Area.