That charts above directly impact our energy investments. For example, Valero Energy Corporation (NYSE:VLO) and Phillips 66 (NYSE:PSX) are two refiners that have a strong presence on the Gulf Coast and can clearly benefit from buying less oil from expensive foreign sources, and they will be the first ones to check on if imports start to rise again. More Canadian crude flowing into the Midwest can mean great opportunities for refiners with operations in Toledo, like PBF Energy Inc (NYSE:PBF), provided Canadian crude stays cheap. Taking a look at the broader scope of the U.S. import story can help us better evaluate our energy investments, and prepare us for whatever energy trends the future holds.
The article The U.S. Oil Import Story in 5 Charts originally appeared on Fool.com.
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