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

To: carranza2 who wrote (75)10/5/2006 7:53:30 AM
From: KyrosL  Read Replies (1) | Respond to of 299
 
Why will sweet oil increase relative to sour/heavy? Saudi/Iraqi/Iranian oils are sour and they are the ones with the greatest reserve life. Venezuela and Canada have huge relatively untapped reserves of heavy and super heavy oils.



To: carranza2 who wrote (75)10/5/2006 7:59:29 AM
From: KyrosL  Read Replies (1) | Respond to of 299
 
VLO website: indeed it's pretty rare to find a company that provides as much info about its fundamentals in its web site. I guess they can afford to.



To: carranza2 who wrote (75)10/5/2006 11:31:19 AM
From: R2O  Read Replies (2) | Respond to of 299
 
2/3 of the SPR is heavy/sour. What is peak heavy/sour refining capacity and who (besides VLO) has it?


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