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 2.84%), Phillips 66 (PSX 1.41%) and Marathon (MPC 2.30%) 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.
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All This U.S. Oil, Yet No Relief at the Pump
NYSE: VLO
Valero Energy

With the big surge in U.S. oil today, why aren't gas prices going down?
Austin Smith has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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