Apr 30, 2008 | Seeking Alpha
Valero: Oil Refiner's Profits Cracking
San Antonio-based oil refiner Valero Energy dropped some bad news on the energy sector when it announced that first-quarter profit nosedived 77%. Higher crude oil and other feedstock costs were blamed for the ... via Seeking Alpha
Independent refiners likely to post sharply lower 1st-quarter earnings as margins narrow
“This group is expected to report the sharpest decline in earnings in the (oil) sector at more than 90 percent compared with the year-ago period”
Surging crude prices have been a boon for many oil sector companies. But one group that has been left out of the party in recent months is the independent refiners, which are due to begin reporting ... via Canadian Business Magazine
"Don't catch a falling knife," as the old saw commands. The idea of buying a former superstar stock at a discount price certainly has its attractions, but you've got to make sure you catch the haft -- not the ... via Fool.com
Greehey: Oil at $140 a Barrel "Absolutely" Possible
“This is good for us and good for them”
San Antonio based NuStar Energy Corp said today it is bullish on it's newly acquired asphalt business, even as Chairman Bill Greehey warned that there is 'no ceiling' for the rising price of crude oil. via KQXT-FM San Antonio
NuStar records best first-quarter results ever
NuStar Energy LP nearly doubled its net income for the first quarter of 2008, representing the best quarterly performance in the company's history. via Bizjournals
Costly Oil Caps Refinery Output at Katrina Lows
“This is a maintenance season. If you can't make a lot of money, you do a little more repairs”
A production slowdown at the nation's refineries, now operating at levels last seen in the aftermath of Hurricane Katrina in 2005, couldn't come at a more troublesome time for consumers watching pump prices ... via SmartMoney
Cars Damaged After Gas Station Has Wrong Gas in Tanks
“It was just dying. I was really forcing to get my car where I had to get and I got here and my car just went out”
A big mistake has fueled quick action by a gas company after a tanker deposited diesel fuel into all of the undergrounds tanks at the Valero Gas Station on Robinson Drive Friday morning. via KXXV-TV Waco
The Galveston County Daily News
Valero cited for safety lapses
“Safety is part of Valero's culture and something we take very seriously”
The U.S. Department of Labor cited Valero Energy Corp.'s Port Arthur refinery for 16 safety violations, including problems similar to those cited in the 2005 explosions at BP America's Texas City refinery. via The Galveston County Daily News
Alchemy Of Trading, LLC: Excerpted From Brainstorming At Alchemy Live
“Keep up the great market calls. I know you don't like the Street "Predictors", but your sense of when to move in and out of positions is uncanny. Whatever the source, just keep on doing it!”
SUBSCRIBER FEEDBACK "Keep up the great market calls. I know you don't like the Street "Predictors", but your sense of when to move in and out of positions is uncanny. via Alchemy Of Trading II
THERE'S A BIG SQUEEZE ON OIL refiners, not least Valero Energy, the industry leader in America. via Barron's
Valero: More Upside Than Downside - Barron's
PBR / VLO Oil refiner Valero Energy doesn't extract its own oil. As the price of oil has risen, its margins have been pummeled, and so have its shares, down 30% YTD to $48. It recently projected Q1 EPS of ... via Seeking Alpha
NuStar celebrates asphalt refinery deal
“They ought to be applauded as a role model for how to do it the right way”
PAULSBORO A "who's who" of local officials and community leaders attended a barbecue luncheon Wednesday as NuStar Energy L.P. celebrated its official acquisition of CITGO Asphalt Refinery Company's asphalt ... via Gloucester Co. Times
South Texas Experiences Rare Earthquake
Earthquakes don't happen that often in south Texas. That's why some residents in Falls City were a bit surprised Monday morning after waking up to a 3.7 magnitude quake. via KSDK NewsChannel 5
Oil And Gas ETFs Surge As Crude Prices Rise
Oil and gas producers reached new highs Friday, along with pump prices. Gas rose 1.4 cents overnight to $3.303 a gallon, according to the American Automobile Association. via Investor's Business Daily
Dell is committed to reducing costs and will cut more jobs than the 8,800 previously announced as it tries to make itself more competitive, Michael Dell, founder and CEO of the computer maker, said Thursday. via Houston Chronicle
Mish's Global Economic Trend Analysis
“RK holds physical stocks of metal as part of its investment strategy”
Eye on Commodity Prices There was an interesting "buzz" on Minyanville on Thursday about commodity prices. via Mish's Global Economic Trend Analysis
Foust assumes new duties in Floresville
Victoria Dixon Wilson County News January 31, 2007 FLORESVILLE - City Hall will have yet another new face when Sidonna Foust takes her position as the new finance director on Feb. via The Wilson County News