The Oil Drum: Feeding the Beast That Is Valero

The title comes from this excellent article from MyWestTexas, Valero trading room grapples with ‘Feeding the Beast’ (reprinted from the San Antonio Express News): And today we learn that the US consumption beast is not the only thing Valero is feeding. DoD awards Valero contract to ship jet fuel to Israel. So, how’s Valero doing? Let’s talk briefly about how this refining and retail company does business under the current oil and gasoline market conditions.
Much more after the jump to The Oil Drum.