Energy Prospectus

Valero Energy Corp. (NYSE: VLO) plans to spend $220 million to $280 million to build a crude oil topper at its 90,000-barrels-per-day refinery in Houston, Reuters reports.

The San Antonio-based company also plans to buy 2,000 railcars to increase shipments of inland crude, Reuters reports. The plans were outlined at an investor presentation last week, according to Reuters.

The plans are expected to help the company process more and even lighter crude from the Eagle Ford shale play, Reuters reports.
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Maybe it is time to by railroad stocks. - Dan

or rail car manufacturers, ie trn or ari. it may be too late. trn is up 50% in last 6 mo. bnsf has had the busness out of bakken for the last yr or two and i'm sure it has peaked and also i think it is only a matter of time before pipelines get the business.