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

To: Wyätt Gwyön who wrote (136)	4/26/2007 3:36:22 PM
From: carranza2	Read Replies (1) \| Respond to of 299

With the sale price of the Lima refinery at about $1.5 bn, this expansion can be easily financed: yahoo.reuters.com The share repurchase program is just enormous. The biggest and most effective program of which I am aware. Awesome, truly awesome. Not like the funky smoke and mirrors crap the high tech boys engage in, which doesn't reduce the number of outstanding shares. The problem, of course, is hurricane-proofing the Port Arthur and St. Charles Parish refineries. And that is a serious problem. Can't be done, I don't think. I think I can see the St. Chuck facility from my rooftop perch as we speak.