On Tuesday, Valero reported earnings and although the Street cheered the headlines, Cramer was much more interested in what was buried beneath.
"There were many positives in the quarter," said Cramer. However the Mad Money host doesn't want anyone to miss what he calls an amazing morsel: It's this commentary:
"We replaced all imported light foreign crude oils with cheaper domestic crude oils at our Gulf Coast and Memphis refineries. Since we expect U.S. and Canadian crude oils to become increasingly available, we are purchasing options to process additional volumes of these cost–advantaged crudes throughout our refining system."