Visibility to Growth and Disciplined Capital Management
Investing to Grow Product Placement
into Higher Netback Markets
Advantaged Refineries and Logistics
MCKEE
PORT
ARTHUR
TEXAS CITY
EL PASO
ST. CHARLES
THREE RIVERS
UNITED
STATES
MERAUX
NUEVO LAREDO
HOUSTON
LAREDO
BILL GREEHEY
(CORPUS CHRISTI EAST AND WEST)
HARLINGEN
MEXICO
MEXICO CITY
PUEBLA
VERACRUZ
VALERO REFINERIES
(1)
TERMINALS
PIPELINES
O
RAILCARS
SHIPS
PATSA
PAITA
PERU
99
60,
■ Other
U.S. Product Exports
12 Month Moving Average (MBPD)
■ Europe
■Canada
Other Latin America
■Mexico
'11
'13
'17
19
'19
CALLAO
(1) Includes terminals owned or leased by Valero.
Total Gasoline (2) & Diesel
Source: DOE Petroleum Supply Monthly data through August 2019.
(2) Gasoline represents all finished gasoline plus all blendstocks (including ethanol, MTBE
and other oxygenates).
Expansion of supply chain to high demand growth markets provides ratable product outlet and
improves margin capture.
28
Valero
76%View entire presentation