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Gold/Mining/Energy : VLO: Valero Energy Corp.
VLO 177.51-1.9%Nov 12 3:59 PM EST

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To: KyrosL who wrote (76)10/5/2006 8:07:19 AM
From: carranza2  Read Replies (1) of 299
 
I meant the opposite, sorry.

More sour coming onstream, of course, than sweet.

The giants will have to invest to refine it, and they can afford it. Instead of discount, we'll be thinking of WTI as selling at a premium, with sour being the benchmark.
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