Valero Energy Corporation Is Doing Everything It Can to Prevent Oil Exports

Not only has Valero come out publicly against exporting crude oil, but it also is increasing light crude capacity to help make crude exports unnecessary.

Jan 30, 2014 at 2:00PM

Well, at least Valero (NYSE:VLO) is putting its money where its mouth is. After recently announcing that it was against easing regulations agains crude oil exports from the U.S., the company recently unveiled plans to spend more than $700 million to increase its refining capacity for light cruudes coming out of the Eagle Ford Shale by 160,000 barrels per day. Increased refining capacity for shale oil, not domestic consumption, will be the determining factor in whether exporting oil will be necessary to keep the boom in oil and gas rolling in the future. 

Find out why increased pipelines from the Eagle Ford and the Permian Basin like Magellan Midstream Partners' (NYSE:MMP) BridgeTex pipeline are making Valero's refinery conversion possible and what this move means to Valero as a whole by tuning into the video below. 

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4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

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This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

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That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

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David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't 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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