President Barack Obama should follow the lead of previous commanders-in-chief by creating exceptions to the United States’ 39-year-old ban on exporting American crude, Sen. Lisa Murkowski argued Monday.
The Obama administration imposed new limits on the amount of sulfur in gasoline on Monday, overruling the objections of refiners and oil companies who said the new ceiling would be too low and drop too fast.
Valero Energy Corp. announced Monday that Bill Klesse, 67, has chosen to step down as CEO effective May 1. Klesse will remain a director and chairman of the board of Valero, the world’s largest independent refiner
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