Search Results for: VLO
A gallon of unleaded gasoline cost an average of $4.49 in California yesterday. In San Francisco, gasoline is a dime per gallon more expensive. Gas stations are closing either because they cannot get...
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The oil refining business was a tough business for much of 2010 and 2009. Now that some of the stocks have recovered, there is a move happening which could be used to further unlock shareholder...
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The US Environmental Protection Agency yesterday released a list of 20 companies that have been approved to manufacture ethanol for use in blending the 15% ethanol-gasoline blend known as E15. Among...
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Analysts at Dutch-based Rabobank have predicted that US corn prices could rise another 25% by the end of the year on lower yields due to hot, dry weather. That would raise prices to around...
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For the past couple of years, diesel fuel prices have been higher than gasoline prices. In the US, that is a real anomaly. Now, industry observers are predicting a return to normalcy, with prices for...
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Crude oil refining doesn’t get much respect. The business is cyclical to the point of fickleness and it is often a drag on the profits of integrated oil & gas companies. Maybe that’s why Valero...
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Tucked neatly away in the recently passed tax bill was a renewal of the $0.45/gallon subsidy for corn ethanol. The subsidy renewal also includes a continuation of the $0.54/gallon tariff on imported...
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Marathon Oil (NYSE:MRO) stock is indicated lower this morning in pre-open trading following release of the company’s interim update for the second quarter. Shares of Tesoro Corp. (NYSE:...
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The Department of Energy is out with its weekly inventories data. There appears to be some seasonality and weather issues, and it will be interesting to see these figures next week when you...
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One day after OPEC released its monthly oil market report, the International Energy Agency published its monthly report. The two agree on most things, but differ on details. Most important, both see...
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Valero (VLO) stock is breathing fresh all-time highs today, and it still trades at less than 10-times forward earnings projections. The company reported net income for the March quarter of $1.1...
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Tesoro Corporation (NYSE: TSO) is set to have its Initial Public Offering this week for its Tesoro Logistics LP (NYSE: TLLP). Tesoro is looking to move to a more of a pure-play and moving to unlock...
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