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Valero is absolutely not owned by Venezuela. Valero is the largest U.S. independent refiner and it's based in San Antonio, Texas. The U.S. company that Venezuela owns is called CITGO, which used to be partnered with 7-Eleven stores.

According to wikipedia, Valero gets its name from Mision San Antonio de Valero (which is actually better known as The Alamo).

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7y ago

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