If America is becoming energy independent, why are gasoline prices going up? In this video, Tyler Crowe describes how U.S. oil refiners are buying cheap U.S. oil, refining it, and then exporting it for a premium. Refiners like Valero (VLO +3.45%), Phillips 66 (PSX +1.67%) and Marathon (MPC +3.53%) are making a killing on exporting gasoline and diesel to Latin America and Europe. While that's not good for the consumer, investors should do well. Tyler likes Valero best due to its high dividend.
All This U.S. Oil, Yet No Relief at the Pump
By Tyler Crowe and austin smith – Feb 14, 2013 at 9:10PM
NYSE: VLO
Valero Energy
Market Cap
$52B
Today's Change
(3.45%) $5.87
Current Price
$176.01
Price as of November 6, 2025 at 4:00 PM ET
With the big surge in U.S. oil today, why aren't gas prices going down?
About the Author
Tyler Crowe is a contributing Stock Market Analyst for The Motley Fool covering energy, materials, transportation, and industrial stocks.