Reuters: Trump seeking compromise deal on biofuels policy [Seeking Alpha]
Valero Energy Corporation (VLO)
Last valero energy corporation earnings: 4/29 06:30 am
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Source: Seeking Alpha
Reuters: Trump seeking compromise deal on biofuels policyPres. Trump told oil and corn industry representatives today that hesupported changing U.S. biofuels policy in a way that would limit costs to refiners while expanding sales of ethanol, Reuters reports.Sen. Grassley of Iowa, who attended today's meeting, said nothing was decided but that an “emerging solution” could include allowing for year-round sales of 15% ethanol blend for motor fuels.Senators Cruz and Toomey said they were “encouraged that Pres. Trump recognizes the importance of providing relief from crushing RINs costs" for oil refineries.Among companies represented at the meeting reportedly were Valero Energy (NYSE:VLO), Delta Air Lines' (NYSE:DAL) Monroe Energy, PBF Energy (NYSE:PBF), Philadelphia Energy Solutions and Green Plains (NASDAQ:GPRE).Traders say prices for RINs fell $0.10 to $0.53 each after the meeting.Click to subscribe to real-time analytics on DALNow read:Delta Air Lines Is A Worthy Investment »
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VLO
News
- Valero (VLO) Q1 Earnings Beat Estimates, Revenues Miss [Yahoo! Finance]Yahoo! Finance
- Valero Energy Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Valero Energy Reports First Quarter 2024 ResultsBusiness Wire
- Valero Sees Mexican Fuel Demand Growing Despite Dos Bocas Boost [Financial Post (Toronto, Ontario, Canada)]Financial Post
- US refiners' profits to fall from last year but margins remain strong [Yahoo! Finance]Yahoo! Finance
VLO
Earnings
- 4/25/24 - Beat
VLO
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 3/26/24 - Form ARS
- VLO's page on the SEC website