Apparently, not every company is on board with the U.S. lifting the ban on crude oil exports. In a recent statement, Valero (NYSE: VLO ) said it supports the U.S.'s current position of severely restricting the export of crude oil. If you look at what Valero has to gain from it, though, you wouldn't be surprised. The company has plans to export over 400,000 barrels per day of petroleum products, and restricting crude oil exports will keep prices low for Valero's feedstocks.
What will be 2014's top performing stock?
The Motley Fool's chief investment officer really nailed his 2013 top stock pick with oil services company Core Labs, which shot up a spectacular 75%! Now, he has selected his No. 1 stock for 2014, and it has "top performing stock" written all over it. You can find out which stock it is in the special report: "The Motley Fool's Top Stock for 2014." Simply click here and we'll give you free access to the name of this under-the-radar company.