Valero Energy Corp at Credit Suisse Energy Summit Transcript

Mar 02, 2020 / 04:15PM GMT
Manav Gupta - Crédit Suisse AG - Research Division - Research Analyst

First of all, thanks, Joe, Lane, thank you, and the entire Valero management for coming to Vail. It's tough times, but thank you so much for coming up. When you show up, you tell the world you are open for business, and I think that matters a lot. So with that, I would like to present Valero.

Joseph W. Gorder - Valero Energy Corporation - Chairman & CEO

Thank you. Thanks, Manav. And thanks, everybody, for coming.

Interesting period, huh? Awful week last week. But, you know, the sun is shining. And the sun will shine again. This thing -- it's hard to figure out how serious this coronavirus deal is. And we can talk more about the effects we've seen on our business, and we should do that, but it just seems like we're living in a world today where everything gets overhyped. IMO was probably overhyped. This coronavirus thing may turn out to be a real serious issue. But right now, it doesn't seem to be all that bad, but we're reacting like the world is going

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