Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Marcogliese Richard J
 2. Date of Event Requiring Statement (Month/Day/Year)
01/19/2006		 3. Issuer Name and Ticker or Trading Symbol
VALERO ENERGY CORP/TX [VLO]
(Last)
(First)
(Middle)
P.O. BOX 696000		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SAN ANTONIO, TX 78269-6000		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, $.01 par value 50,589
D
 
Common Stock, $.01 par value 5,953.1674
I
thrift plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
employee stock option (right to buy) 01/19/2006 05/04/2010 common stock 80,000 $ 7 D  
employee stock option (right to buy) 01/19/2006 06/16/2011 common stock 20,000 $ 9.8625 D  
employee stock option (right to buy) 01/19/2006 07/18/2011 common stock 60,000 $ 8.4363 D  
employee stock option (right to buy) 01/19/2006 09/18/2012 common stock 60,000 $ 7.515 D  
employee stock option (right to buy)   (1) 10/29/2013 common stock 32,000 $ 9.825 D  
employee stock option (right to buy)   (2) 10/21/2014 common stock 20,000 $ 21.355 D  
employee stock option (right to buy)   (3) 10/20/2012 common stock 13,000 $ 47.4775 D  
performance shares 01/17/2007 01/17/2007 common stock 9,344 $ (4) D  
performance shares 01/17/2008 01/17/2008 common stock 5,343 $ (4) D  
performance shares 01/17/2009 01/17/2009 common stock 1,676 $ (4) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Marcogliese Richard J
P.O. BOX 696000
SAN ANTONIO, TX 78269-6000		       EVP  

Signatures

J. Stephen Gilbert, as Attorney-in-Fact for Richard J. Marcogliese 01/20/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Options granted 10-29-03; vest in annual 1/5 increments beginning one year from date of grant.
(2) Options granted 10-21-04; vest in annual 1/5 increments beginning one year from date of grant.
(3) Options granted 10-20-05; vest in annual 1/5 increments beginning one year from date of grant.
(4) The performance shares are payable in shares of common stock in amounts ranging from zero to 200 percent of the performance shares.

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