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Old 11-10-2007, 09:11 AM   #24
DRH
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Default Citgo

Quote:
Originally Posted by LIforrelaxin
I have apparently missed something along the way.... What is wrong with Citgo? .... not that it is an issue for me I don't use them anyways, as around me they are usually on the higher end of the price range....
Citgo is owned by the Venezuelan government, which is controlled by Hugo Chávez.

Here's a portion of a 01/11/06 "USATODAY.com" article:

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By David J. Lynch, USA TODAY

HOUSTON — From the glass-walled building and manicured lawn to the security guard who greets visitors in a cheerful Texas drawl, everything at Citgo Petroleum seems perfectly ordinary.

But in fact there's nothing ordinary about Citgo. One of the USA's largest refiners, Citgo is a subsidiary of Venezuela's state-owned oil company, Petroleos de Venezuela S.A. (PDVSA). As such, it ultimately belongs to Venezuelan President Hugo Chávez, an avowedly anti-American leader who counts Fidel Castro among his closest friends and mocks President Bush as a "genocidal murderer."

The entire article can be viewed HERE.
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