Pricing Supplement dated June 7, 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:        91938XAW3
Principal Amount:                $20,000,000.00
Price to Public:
    [X]   100% of Principal Amount
    [ ]   Varying prices relating to prevailing market prices at
          the time of sale
Interest Rate:                   7.80% per annum
Stated Maturity:                 June 14,2010
Trade Date:                      June 7, 1995
Original Issue Date:             June 14, 1995
Net Proceeds to Issuer:          $19,870,000.00
Agent's Discount or Commission:  0.65%

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


[  ] Lehman Brothers Inc.
[  ] Salomon Brothers Inc
[  ] BT Securities Corporation
[x ] Wertheim Schroder & Co.