Valero Energy is advancing its renewable diesel and ethanol production while US fuel demand remains strong. The refiner operates 15 petroleum refineries and 12 ethanol plants, with a combined throughput of 3.1 million barrels per day. Tight distillate inventories and export demand are supporting margins for complex refiners like Valero. The company's push into low-carbon fuels aligns with California's Low Carbon Fuel Standard and federal Renewable Fuel Standard mandates. Valero competes with Marathon Petroleum and Phillips 66 in the US, while European peers like Repsol and BP are also expanding in renewable fuels. The stock trades near recent highs on the NYSE under ticker VLO.
