Valero (VLO) CEO Bill Klesse weighs in on the Keystone pipeline (TRP), calling the controversy...

|About: Valero Energy Corporation (VLO)|By:, SA News Editor

Valero (VLO) CEO Bill Klesse weighs in on the Keystone pipeline (TRP), calling the controversy "ridiculous. There’s pipelines everywhere. There’s a pipeline in front of your home. Out in the streets. Canada’s an ally, and the refineries on the U.S. Gulf Coast need the Canadian oil." But if the Keystone decision doesn't work out, VLO is prepared to use barges and rail to move the oil to the Gulf.