Tesoro Corp (NYSE:TSO)
An independent petroleum refiners and marketers in the US with two operating segments: refining crude oil and selling refined products in bulk and wholesale markets and selling motor fuels and convenience products in the retail market.
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excellant petroleum explorer
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They aren't building any more refineries (ok, one in AZ) and no one seems to be driving any less. TSO is in smaller sized, non-traditional markets such as Hawaii, Alaska and Pacific Northwest, which I could see VLO eyeing in an expansion move as they grow over the next 10 years.
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