Tag: Valero

How Much Diesel, Gasoline, Jet Fuel, and Other Oil Products Are Actually Imported to California?

Clark Savage58

As California\’s push toward a zero-emissions future accelerates, the state\’s petroleum refining sector is undergoing a dramatic transformation. With refinery closures already underway and more potentially on the horizon, California is increasingly dependent on imported refined products to meet its massive fuel demand. This shift raises critical questions about supply stability, price volatility, and broader […]

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Exxon Ships U.S. Gasoline to Australia: Unpacking the Global Gasoline and Diesel Market Crisis

Clark Savage41

In a striking sign of tightening global fuel supplies, Exxon Mobil has scheduled its first-ever shipments of gasoline from the U.S. Gulf Coast to Australia, totaling around 600,000 barrels this month. These cargoes, loading from Houston in mid-March aboard medium-range tankers like the Largo Eagle and Nord Ventura, consist mostly of gasoline with some diesel […]

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Chevron Taps Into Venezuelan Oil as Crude is Being Processed in US. What does this mean for investors?

Clark Savage33

The recent geopolitical shift in Venezuela, following the U.S.-led capture and removal of former President Nicolás Maduro in early 2026, has opened new doors for American energy companies. Chevron, the only U.S. oil major still operating in the country, is ramping up its activities amid eased sanctions and a special Treasury Department license. This development […]

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OPEC Plus Add It Again – ENB Weekly Recap

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Weekly Daily Standup Top Stories Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility September 5, 2025 Clark Savage In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has announced the commencement of the first phase of construction for a cutting-edge nuclear fuel recycling facility in Oak Ridge, […] Treasury […]

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Why Valero Said No Is Good for California

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Daily Standup Top Stories California in Talks to Pay Hundreds of Millions to Valero to Stave Off Refinery Shutdown September 10, 2025 Clark Savage In a dramatic turnaround amid California’s escalating energy crunch, state legislators are reportedly negotiating to hand over hundreds of millions of dollars to Valero Energy Corp. to prevent the shutdown of its […]

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