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  • Valero: More Upside Than Downside - Barron's [View article]
    The article states "As the price of oil has risen, its margins have been pummeled". I believe a clear explanation of how the price of oil affects VALERO'S margins. Isn't the cost of the refining process added onto the cost of the crude?
    Apr 14 08:27 am |Rating: 0 0 |Link to Comment
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