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Gold/Mining/Energy : VLO: Valero Energy Corp. -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (2)	5/10/2001 9:12:10 PM
From: flint	Read Replies (2) \| Respond to of 299

I use to own VLO and UDS. Sold them both in January to focus on my shorts. It appears I traded in some good longs for some good shorts. I'm considering going long again. What I liked about VLO was the insane environmental laws which created all the gasoline grades. VLO specalizes in the unique grades of gasoline. If I still own VLO I would watch for reduction in the number of grades of gasoline. With President Bush having an oil background and the Vice President coming from HAL. I suspect some sound changes will be coming. Expect to see fewer grades of gasoline. Instead of each major city with its own standerds there will be 4 to 8 federal classified grades that the local markets will have to select from. As far as who would benefit from a construction boom. The only publicly traded company I could think of is Foster Wheeler FWC. I'm not sure though. No oil refineries were built since the 70's. So you can't exactly look at current sales. If I am wrong, at least Foster Wheeler is involved with power plants. Last I heard the federal government wants one new one a week for the next 2 years.