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Valero Energy Corp
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July 2012 Investor Presentation
| Ashley Smith | Page 41 of 11 |
November 21, 2024
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"July 2012 Investor Presentation"
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- 2.0 - 1.0 0.0 1.0 2.0 3.0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011Est. 2012Est. Non - OECD OECD (excl. U.S.) U.S. Continued Global Demand Growth Important to Refining Margins 41 Source: Consultant and Valero estimates World Petroleum Demand Growth Emerging markets are taking the lead in terms of global petroleum demand growth but refining is a global business and world growth impacts refiners in every market MMBPD