Pricing Supplement dated March 15, 1995 Rule 424(b)(2)
(To Prospectus dated March 13, 1995 and File No. 33-56441
Prospectus Supplement dated March 13, 1995)
VALERO ENERGY CORPORATION
Medium-Term Notes
________________________________________________________________
CUSIP: 91938XAQ6
Principal Amount: $6,500,000.00
Price to Public:
[X] 100% of Principal Amount
[ ] Varying prices relating to
prevailing market prices at
the time of sale
Interest Rate: 8.49% per annum
Stated Maturity: March 22, 2005
Trade Date: March 15, 1995
Original Issue Date: March 22, 1995
Net Proceeds to Issuer: $6,461,000.00
Agent's Discount or Commission: 0.60%
________________________________________________________________
Interest Payment Dates: March 15 and September 15 of each year.
Day Count Convention:
[X] 30/360 for the period from Original Issue to Stated Maturity
Date.
[ ] Actual/360 for the period from to
[ ] Actual/Actual for the period from to
Redemption:
[X] The Notes cannot be redeemed prior to the Stated Maturity,
except as set forth in the Prospectus and Prospectus
Supplement.
[ ] The Notes may be redeemed prior to the Stated Maturity.
Initial Redemption Date:
Initial Redemption Percentage: %
Annual Redemption Percentage Reduction: % until
Redemption
Percentage is 100% of the principal amount.
Optional Repayment:
[X] The Notes cannot be repaid prior to the Stated Maturity,
except as set forth in the Prospectus and Prospectus
Supplement.
[ ] The Notes can be repaid prior to the Stated Maturity at the
option of the holder of the Notes.
Optional Repayment Date(s):
Repayment Price: %
Currency: U.S. dollars.
Original Issue Discount: [ ] Yes [X] No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
Repurchase Price, if any:
Form: [X] Book-Entry [ ] Certificated
[X] Lehman Brothers Inc.
[ ] Salomon Brothers Inc
[X] BT Securities Corporation
